Globe's non-telco business tripled

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For the first three months of 2022 alone, Globe Telco hauled ₱791 million revenues from its non-telco subsidiaries, triple the amount it posted in the same period in 2021.

This also marked the first quarter that non-telco services showed significant contribution to the company’s topline, driven by the growth across most of its subsidiaries, particularly Adspark, Yondu, ECPay, and Asticom.“Our ceaseless innovation through various digital platforms, backed by the growing investment in our data network will strengthen our leadership in the digital space,” noted President and CEO Ernest L. Cu.

To further expand its reach, KonsultaMD partnered with over 70 brands and used social the media app Tiktok, garnering over 44 million views. PureGo has been quickly expanding its reach and has over 14.5 thousand products available in 16stores in NCR and GMM areas serving 36 cities. Furthermore, Globe’s corporate venture capital arm, Kickstart Ventures, is one of the most active venture capital firms in the Philippines.

 

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