DigiPlus Interactive Corp., the country’s leading digital entertainment firm, is part of the first Fortune Southeast Asia 500. DigiPlus is one of the 38 Philippine companies that made it on the list, ranking 482nd overall with a revenue of $490.2 million and a $73.4 million profit.
Fortune, a global multi-platform media company, ranked the largest companies in Southeast Asia by their total revenues for the 2023 fiscal year. Companies included in the Southeast Asia 500 join an elite group of firms recognized under the Fortune 500 franchise, which spans the original Fortune 500, the Fortune Global 500, the Fortune Europe 500, and the Fortune China 500.
“We thank Fortune for recognizing the promising growth and development of the region by introducing the first Fortune Southeast Asia 500 list. We are honored to be a part of this milestone,” DigiPlus President Andy Tsui said.
In 2023, DigiPlus recorded a ₱27.3 billion revenue––three times higher than the previous year. This was mainly attributed to the growth of its bingo platform BingoPlus and its sportsbook app ArenaPlus. Additionally, the company’s net income rose to ₱4.1 billion in the same year, driven by its digital retail segment and new platforms.
“We intend to sustain our growth momentum by continuing to invest in innovation and new technologies to enhance user experience and adding new digital offerings traditionally well-loved by Filipinos. By delivering innovative, fun, and accessible digital offerings, we aim to continue revolutionizing the entertainment space in the Philippines.” Tsui added.
DigiPlus is continuously ramping up its efforts to diversify its portfolio as it introduced BingoPlus Poker and Tongits+ in its roster of digital entertainment platforms this year.
Fortune added that Southeast Asia is gaining greater significance in the global economy due to shifting supply chains and the rapid development of the region’s economies.
“With this new list, we turn the spotlight on the impressive growth story of Southeast Asia and the companies driving this diverse region and its economies,” Khoon-Fong Ang, Fortune’s Chief of Operations, Asia said.
DigiPlus Interactive Corp. pioneered digital entertainment in the Philippines. It introduced leading platforms BingoPlus and ArenaPlus, widely known for their engaging experiences in interactive gaming and sports entertainment. DigiPlus also operates PeryaGame, Tongits+, and GameZone, with more to come. For more information, visit: www.digiplus.com.ph.