MySQUAR users exceed 7.5m

The number of registered users across all apps and games at social media, entertainment and payments platform MySQUAR has exceeded 7.5m as of 12 January.

This represents an increase of more than 25% of total registered users as compared to 14 October 2016 when the company had 6m users.

Chief executive officer Eric Schaer said: “MySQUAR's user base has been steadily increasing along with the full release and soft launch of various apps and games, including CallHome, Fastsell and ChakraNinja.

“The diversified user base across the different sectors of gaming, social networking, and increasingly VoIP, and mobile marketplace gives MySQUAR a unique position in the mobile-based value added service market in Myanmar.”

At 1053 GMT, the shares were up 7.4% to 2.01p.