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SportsHero Expands in Southeast Asia with PLDT Partnership

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SportsHero Expands in Southeast Asia with PLDT Partnership

Elevate Your Investing Strategy:

SportsHero Limited ( (AU:SHO) ) has issued an update.

SportsHero Limited has signed a US$1.0 million agreement with PLDT Inc, the largest telecommunications company in the Philippines, to distribute its iGV Family Game Pass product. This agreement marks a significant step in SportsHero’s Southeast Asian expansion strategy, targeting the Philippines’ 43 million PC gamers. The deal includes revenue-sharing opportunities and positions SportsHero to benefit from the growing gaming market in the region, which is projected to reach US$1.9 billion by 2030.

More about SportsHero Limited

SportsHero Limited operates in the gaming industry, focusing on providing gaming subscription services. Its primary product, the iGV Family Game Pass, offers subscribers access to over 200 gaming titles. The company is focused on expanding its market presence in Southeast Asia, targeting regions with a significant number of PC gamers.

YTD Price Performance: 47.06%

Average Trading Volume: 277,389

Technical Sentiment Signal: Buy

Current Market Cap: A$18.29M

For an in-depth examination of SHO stock, go to TipRanks’ Overview page.

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