Philippine digital newsstand startup Freyo raises $213k from Globaltronics

Freyo, a Philippine startup company engaged in digital newsstand business, has raised up to $213,000 (P10 million) funding made by digital signage advertising firm Globaltronics Inc.

Globaltronics chairman William Guido said the funding is only an initial backing by the company to Freyo, adding that the company might invest more as other business partners come in.

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