FinTechFunding

SportsHero: Signs partnership deal with with Wuhan Monster Technology

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
Previous article
Joywell Foods: Raises $25 Million in Funding
Next article
Tyranna Resources: Confirms lithium mineralisation at Namibe
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

FinTech

Aviva Launches Insurance App on ChatGPT, Enhancing Customer Interactions

The new app aims to simplify insurance queries and support for users.Highlights: Aviva introduces an insurance app on...
FinTech

NatWest Strengthens Mortgage Offerings with Pexa Digital Platform

Banking giant NatWest implements Pexa platform for streamlined digital mortgages.Highlights: NatWest integrates Pexa's platform for digital mortgages.The initiative...
FinTech

Visa Strengthens Role as Super Validator in Canton Network

Visa's new position enhances blockchain transaction verification in the Canton network.Highlights: Visa becomes a super validator within the...
FinTech

Monument Bank to Tokenise Retail Deposits, Enhancing Digital Banking Access

New initiative aims to modernize retail banking and improve deposit management.Highlights: Monument Bank plans to tokenize retail deposits...