News and Announcements
SportsHero And YuuZoo Partnership Kicks Off, Bringing Fantasy Sports To Over 118 Million Users Across 164 Countries
- Published June 08, 2016 9:51AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
6th June 2016, YuuZoo
Highlights:
- SportsHero is Asia’s first real-time fantasy sports app; it secured US$2.4 million in Series A funding and is accelerating plans to list on the Australian Securities Exchange (ASX)
- YuuZoo is the first social media company to be listed on the Singapore Exchange (SGX); it was founded and is helmed by former Regional Head of Nokia Asia-Pacific, Thomas Zilliacus
- Extends the sporting experience for fans and gamers to beyond the stadium bleachers, television screen and projectors to their mobile devices
- Partnership taps a global e-sports market expected to surpass US$1.1 billion in revenues by 2019
SportsHero (SportsHero.mobi), Asia’s first real-time fantasy sports app and social prediction platform, has partnered with Singapore-based YuuZoo Corp (“YuuZoo“, SGX: AFC), one of the world’s fastest growing third generation social e-commerce networks. The two companies will jointly bring SportsHero to YuuZoo’s network of over 118 million consumers across 164 countries. YuuZoo’s users will leverage on SportsHero’s highly engaging, gamified social sports prediction platform, which includes daily, weekly, and monthly prizes – a new gaming experience for their registered users. At launch, daily average user engagement on SportsHero exceeds 10 minutes.
SportsHero is formed under Singapore’s MyHero, which also owns and develops TradeHero (TradeHero.mobi). TradeHero has been ranked the world’s #1 finance app in over 91 countries with over 8 million users (App Annie).
To view the full announcement, please click on the button below.
Company Updates
The Index Approach in Early-Stage Venture Capital: Reconsidered
The venture capital (VC) landscape is marked by its dynamism and complexity, especially in early-stage investing. The traditional approach in VC, characterised by a selective and intensive vetting process, often contrasts with the concept of ‘index investing.’ This article revisits the indexing approach in early-stage VC, incorporating insights from recent studies and data, including a […]
The Future Is Now: The Evolution of Dealflow with Wholesale Investor
If you’ve ever thought of investing or expanding your portfolio, there’s no better time than the present. In the fast-paced world of investment, things are changing at a breathtaking speed, and it’s crucial to stay ahead of the game. The Future of Deal Flow is Today Dealflow, the lifeblood of the investment world, is not […]
Investability of a Startup: A Comprehensive Guide for Angels and High-Net Worth Investors
Venturing into the Startup Scene Let’s dive into the intriguing world of startups. It’s a thrilling ride, isn’t it? Like finding a pearl in an ocean, spotting a promising startup amidst a sea of businesses is no easy task. This guide aims to light the way, focusing on the “The Investability of a Startup: 7 […]
Backed By Leading Investment Groups and Family Offices
