DigiPlus rebounds after Q3 setback
Text size
Three decades after the Marcopper mining disaster devastated Marinduque’s waterways, the province is again pressing the…
Housing is probably the biggest issue affecting people the world over.
Malacañang on Monday called for a more thorough investigation into the questioned flood control projects in Taguig…
The defense on Monday backed the move by senator-judges to exclude a prosecution witness who testified on the firearms…
Listed online gaming operator DigiPlus Interactive Corp. is betting on a fourth-quarter rebound after a rocky third quarter, driven by an active marketing push to reconnect with players.
The company posted a 51.41 percent drop in third-quarter net income to P1.71 billion from P3.52 billion a year ago, following the government’s order to cut online gaming access to e-wallets. Revenue remained essentially flat at P19.05 billion.
DigiPlus president Andy Tsui said the company’s customer service team has been reaching out to high-value players, guiding them to install the DigiPlus app and redirecting them to the company’s website after the mid-August e-wallet restrictions.
“So our customer service team has been actively contacting some of these high-value players and trying to bring them back to our platform,” he said.
No numbers for now
Tsui declined to reveal how much business has recovered but confirmed progress. “We don’t disclose the fourth quarter results. (But) We’re seeing a gradual recovery from the last two months,” he said.
At the Philippine Stock Exchange’s Strength Access and Reach (STAR): Investor Day earlier this month, Tsui reported DigiPlus’ efforts to expand its payment ecosystem. The company has partnered with other payment providers to offer players multiple funding options, ensuring continued access even when e-wallet limits apply.
Despite the third-quarter setback, DigiPlus posted strong growth for the first nine months, with net income rising 15.59 percent to P10.11 billion from P8.75 billion in 2024. Revenue climbed 30 percent to P66.83 billion from P51.56 billion a year earlier.
