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
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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.

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