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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.