It has been six months since Singapore-based company TradeHero announced raising US$10 million to launch in China, and release an Android version of its originally iOS stock market simulation app. Today, it shared in an official statement that its Android app is alive, free and running.
TradeHero also claimed to have reached the top position in iOS App Store’s finance category in 75 countries and the top 10 position in over 100 countries. The Echelon alumni TradeHero also said that it has executed over US$270 billion in validated trades. Its revenue numbers were not disclosed.
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With such a large and active user base, we are pleased to announce that Android users can now get in on the action and learn to trade from leaders in our community,” said Dinesh Bhatia, founder and CEO, TradeHero. He added, “This expansion is also part of our global development roadmap following the USD$10 million funding that we received in 2013, with plans to enhance in-app features and expanding into new markets.”
Through the app, users are able to trade with virtual currency using real-time stock market information from 28 stock exchanges.
Competition on TradeHero
TradeHero has also taken the opportunity to announce the start of its second WarrantHero competition, which will reward top performing traders who conduct virtual warrant trades on the app platform. The challenge, organised by partners Phillip Capital and The Macquarie Group, will run from March 3, 2014 to May 30, 2014.