Total
0
Shares
SportsHero (ASX:SHO) - CEO, Tom Lapping (left) - The Market Herald
CEO, Tom Lapping (left)
Source: The Straits Times
  • 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.


Subscribe


SHO by the numbers
More From The Market Herald
Ambertech’s (ASX:AMO) share price doubles amid strong profit guidance

" Ambertech’s (ASX:AMO) share price doubles amid strong profit guidance

Audiovisual tech provider Ambertech’s (AMO) share price has more than doubled after it posted stellar profit guidance for 2020’s second half.
Buddy Technologies (ASX:BUD) - CEO, David McLauchlan - The Market Herald

" Buddy Technologies (ASX:BUD) antibacterial smart light passes U.S. testing

Buddy Technologies (BUD) has passed its United States efficacy testing for its antibacterial smart light Lifx Clean.
Family Zone Cyber Safety (ASX:FZO) - Managing Director, Tim Levy - The Market Herald

" Family Zone (ASX:FZO) looks to raise $22M for business expansion

Family Zone (FZO) has received firm commitments for a $20 million placement.
Weebit Nano (ASX:WBT) - CEO, Coby Hanoch - The Market Herald

" Weebit Nano (ASX:WBT) soars again on solid quarterly update

Shares in Weebit Nano (WBT) are spiking this morning after investors took well to the company’s latest quarterly financial report.