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SportsHero Limited ( (AU:SHO) ) just unveiled an update.
SportsHero Limited has announced a significant expansion of its partnership with Indosat Ooredoo Hutchison, skipping the proof-of-concept phase to launch the iGV Family Game Pass commercially. This move highlights Indosat’s confidence in the product’s value and performance, leading to a direct commercial launch and potential revenue boost for both companies. The partnership includes Direct Carrier Billing to streamline payments for Indosat’s 100.9 million subscribers and extensive marketing through Indosat’s digital platforms, MyIM3 and Bima+, which collectively have 37.7 million monthly active users. The revenue from the partnership will be shared, with SportsHero receiving 65% and Indosat 35%, offering a promising growth opportunity in the gaming division.
More about SportsHero Limited
SportsHero Limited operates in the gaming industry, offering cloud-based gaming platforms. The company’s primary product is the iGV Family Game Pass, which focuses on digital entertainment services.
YTD Price Performance: 27.27%
Average Trading Volume: 1,000
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $12.99M
For an in-depth examination of SHO stock, go to TipRanks’ Stock Analysis page.
