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- SportsHero’s (SHO) Indonesian locally branded international football app Olahbola has surpassed 750,000 new unique users
- Olahbola was launched in July this year and is dedicated to international and Indonesian football fans who follow other leagues such as the English Premier League
- Further, SportsHero announced it has secured a wholly-owned Indonesian operating entity after 18 months
- This will allow SportsHero to build its Indonesian presence by enabling it to hire Indonesian staff and open an Indonesian bank account
- SportsHero has dropped 7.41 per cent and is trading for 2.5 cents at market close
SportsHero’s (SHO) Indonesian locally branded international football app Olahbola has surpassed 750,000 new unique users.
The fantasy sport platform launched Olahbola in July 2020. This aligns with the restart of the English Premier League Spain’s La Liga.
The app is dedicated to international and Indonesian football fans who follow other leagues.
“Generating 771,333 new unique Olahbola users, in just over two months, during the break in the European football season, is an amazing achievement,” CEO Tom Lapping said.
“This large and growing user base will considerably enhance our value proposition to advertising brand partners. With these foundations in place we expect material revenue generation this financial half year,” he added.
Further, SportsHero also announced it has secured a wholly-owned Indonesian operating entity after 18 months.
This will make it easier for SportsHero to grow its Indonesian presence by enabling it to hire Indonesian staff, open an Indonesian bank account and collect revenue.
SportsHero has dropped 7.41 per cent and shares are trading for 2.5 cents at market close.
