8th Jul 2015 08:09
LONDON (Alliance News) - Myanmar-focused mobile services company MySQUAR Ltd on Wednesday said it user acquisition performance has been ahead of its expectations.
By the end of June, the company said its total numbers of users was 907,360, up 17% from the end of May.
MySQUAR floated on AIM last week, raising GBP1.67 million.
"It is exciting to see the increase in user numbers of MySQUAR's products over the past month which continues the excellent growth in users we have seen during 2015. This growth, coupled with our recent AIM listing, provides a strong foundation for the company's future success in what has already been a very positive year for the company," said Eric Schaer, MySQUAR's chief executive.
Shares in MySQUAR were up 4.0% to 9.1 pence on Wednesday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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