SportsHero signs deal with Wuhan Monster Technology Co Ltd

SportsHero Limited (ASX: SHO) announced its partnership with Wuhan Monster Technology Co Ltd (WMT) to drive user growth as well as promote SHO’s proprietary esports prediction platform (app) launched on Tencent Holdings Ltd (HKG:0700) Wechat platform.

WMT will promote the app by directly targeting and engaging its existing user base plus activating its entire suite of social media assets. Promotion will also occur offline by utilising its physical media assets across the city of Wuhan and the greater Hubei region.

The parties have agreed that the revenue generated from all sources, including but not limited to memberships, subscriptions, advertising, sponsorship as well as ecommerce will be distributed on 50/50 basis.

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