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SportsHero Limited ( (AU:SHO) ) has issued an announcement.
SportsHero Limited has entered into a strategic distribution agreement with Yes2Games, securing exclusive rights to distribute Yes2Games’ mobile game titles across four Southeast Asian countries. While the agreement is crucial for SportsHero’s growth plans, it currently has no immediate commercial impact, as revenue generation is contingent upon establishing distribution arrangements with partners. The agreement includes a renewable 12-month term and a revenue-sharing model, but the financial implications remain undetermined until distribution begins.
More about SportsHero Limited
SportsHero Limited operates in the mobile gaming industry, focusing on distributing popular game titles through telecommunications channels in Southeast Asia, specifically Indonesia, the Philippines, Thailand, and Malaysia.
YTD Price Performance: 117.65%
Average Trading Volume: 515,420
Technical Sentiment Signal: Hold
Current Market Cap: A$29.72M
For a thorough assessment of SHO stock, go to TipRanks’ Stock Analysis page.