Social media entertainment platform migme Limited (ASX:MIG) has expanded its artist engagement program into the Philippines and seen monthly active users push to 16 million.

 

The company says success in Indonesia and Nepal led it to expand into the Philippines where it has signed four artists to act as a precursor to further expansion.

 

CEO Steven Goh says the Philippines is developing rapidly and is a key emerging market for the company. 

 

The company also highlighted a rise in its monthly active users from 14 million at the end of March to 16 million.

 

migme reported a net loss of $28.62 million in the 2014 calendar year.