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

JPMorgan Pilots Software to Monitor Junior Bankers’ Working Hours

New initiative aims to enhance oversight of junior employee hours worked.Highlights: JPMorgan tests software to monitor working hours...
FinTech

Goldman Sachs to Implement Performance-Based Staff Cuts in April

The bank plans restructuring amidst shifting financial landscape.Highlights: Goldman Sachs plans performance-based staff cuts in April.The restructuring aims...
FinTech

Nasdaq Secures SEC Approval for Trading Tokenized Securities

This marks a significant advancement in digital asset trading.Highlights: Nasdaq gains SEC approval for trading tokenized securities.This approval...
FinTech

Aveni Launches Agentic AI Council to Enhance AI Ethics

New council aims to guide ethical AI development and deployment strategies.Highlights: Aveni establishes the Agentic AI Council for...