SportsHero Signs partnership deal with with Wuhan Monster Technology
- SportsHero (SPO) signs its first commercial agreement for China with Wuhan Monster Technology
- The three-year, legally binding term sheet is with the commercial and operating arm of the Wuhan Esports Association, the second-largest gaming association in China
- The parties have agreed that all revenue generated from all sources will be distributed evenly, including memberships, subscriptions, advertising and sponsorship
- The company says it’s now well positioned to benefit from the continued rapid revenue growth of the Chinese gaming sector
- The company pauses trading with shares last trading at 2.7 cents
