MySQUAR Limited (LON:MYSQ), the Myanmar-language social media, entertainment and payments platform, has signed a distribution deal covering the Huawei inTouch platform.
Mobile games developed in-house by MySQUAR will be distributed on the Huawei inTouch platform across 30 countries within Latin America, Africa, Southeast Asia and the Middle East.
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The two-year deal with Sealand Capital Galaxy PLC (LON:SGCL) is a follow-up to the agreement previously announced in October and includes a revenue share arrangement net of the payment service fees paid to payment providers and promotion & marketing costs.
In addition, MySQUAR will localise and distribute Sealand's mobile games, which were acquired through a majority stake in Rightyoo, that are a fit for the Myanmar market, through its gaming platform. The majority of Rightyoo's games are casual games.
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“The company anticipates that global exposure of our games combined with bringing new casual game offerings from Rightyoo to Myanmar will result in higher levels of monetization from this content. MySQUAR continues to actively seek partnerships to provide exclusive content to the Myanmar market," said Eric Schaer, the chief executive officer of MySQUAR.