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SportsHero (ASX:SHO) - CEO, Tom Lapping (left)
CEO, Tom Lapping (left)
Source: The Straits Times
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  • SportsHero’s (SHO) Indonesian football app, OlahBola, has welcomed over three million new unique users
  • The app is designed for football fans worldwide, and has now reached 3,043,955 new users after first launching in July 2020
  • The company says sales growth is a result of attracting the attention of both international and local brand partners
  • With a total addressable market size of around 100 million, the company says it expects user growth rates to remain high
  • Sportshero is down 6.35 per cent, trading at 5.9 cents

SportsHero’s (SHO) Indonesian football app, OlahBola, has welcomed over three million new unique users.

The app is designed for football fans worldwide who follow soccer leagues like Spain’s La Liga and the English Premier League.

The company’s Indonesian locally branded international football app’s 3,043,955 new users represent a significant milestone for the platform, which first launched on July 7, 2020.

“The total Indonesian addressable market is around 100 million. We have now surpassed three million new unique users, well ahead of schedule and growing at a compound rate of 31 per cent month on month,” said SportsHero’s CEO Tom Lapping.

The company says they have attracted the attention of both international and local brand partners, which is leading to a growing sales pipeline.

With a total addressable market size of around 100 million, the company says it expects user growth rates to remain high.

Sportshero is down 6.35 per cent, trading at 5.9 cents at 12:33 pm AEDT.

SHO by the numbers
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