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Glory Star expected to further increase profitability

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Glory Star New Media Group, a Nasdaq-listed digital media platform and content-driven e-commerce company in China, is expected to be able to further increase its profitability with its growing market share and economy of scale.

The company reported a 15.8% growth in its Non-GAAP net income to US$16.9 million for the six-months ended June 30 from US$14.6 million in the same period of last year.

During the first half of this year, the company’s total revenues grew 144.6% to US$71.9 million from US$29.4 million, thanks to the increase in advertising revenues and Cheers e-Mall marketplace service revenue, primarily attributable to the development and promotion of its mobile and online businesses.

Income from operations surged 40.9% to US$16.2 million from US$11.5 million.

During the first half year of 2021, the company successfully grew its top and bottom lines as it allocated more resources to sales and marketing to augment its brand equity and fuel its long-term growth engine.

The company’s rising economy of scale will allow it to gradually reduce operating expenses and capitalize on the rising popularity of video content and deliver lasting shareholder value.

At the end of June 30, the number of downloads of the company’s Cheers App reached 215.6 million, up from 121 million a year earlier. The increase in the number, a key indicator of the attractiveness and usability of its Cheers App and its e-Mall platform traffic, showed that it had successfully converted viewers of its content to its Cheers App.

Average daily active users (DAUs) of the app grew to 7.1 million from 4.5 million for the same period. Stock Keeping Units (SKUs) on its Cheers e-Mall platform jumped to 231,630 from 19,984.

Gross Merchandise Value (GMV) of the Cheers App reached US$181.2 million in the first six months of this year, compared with US$20 million in the same period of 2020. The increase in GMV was driven significantly by its ability to attract and retain users to its Cheers App through its professionally produced content and its ability to further enhance its product offerings.

The company has a strong commitment to its corporate mission, meticulous execution of growth strategies, methodical expansion in both overseas and domestic markets, proactive engagement of Generation Z users through innovative products, and prudent investment in sales and marketing initiatives. It plans to refine its competitive edge in content-driven e-commerce of premium lifestyle, deepen our expertise in integrating quality content with lifestyle commerce, and expand our brand influence among Generation Z consumers on a global basis.

During the first half year, the resurgence of Covid-19 and its Delta variant caused the Chinese government to impose travel restrictions within mainland China, particularly in the southern regions of the country.

The company temporarily suspended the production of its traditional “Cheers Series” TV programs, thus resulting in a decline in its cost of revenues during the first six month of 2021. Once the travel restrictions are eased, the company will resume its content production activities in the second half of this year.

As of June 30, 2021, the company had cash and cash equivalents of US$20.3 million, compared with US$17.7 million at the end of last year.

Blockchain and AI technologies

Since its establishment in 2016, Glory Star has pioneered a unique, new business model integrating e-commerce services with premium video content. With the use of blockchain and AI technologies in its systems, the company has become a leading online digital media and entertainment company in China, with a strong track record both in terms of viewership and production capabilities. The company launched its Cheers App in 2018 to integrate e-commerce services with professionally generated content (PGC).

During the first half, the company produced many more live streaming shows and started to provide title sponsor advertising services at a higher price point. It also spent substantially on the development of the Cheers Chat and Cheers Car.

The company plans to provide more user-generated content (UGC) by forming partnerships with other platforms. It will allow global users to upload their content to its video platforms in the fourth quarter of this year while users will receive advertising revenue or get rewards from viewers directly.

The company will also allow content providers to use its software-as-a-service (SaaS) supply chain system with the blockchain technology that will help them match with relevant merchandisers. Content providers will be able to share the revenue from the sales of products on their video accounts.

The company’s ability to integrate premium lifestyle content, including short videos, online variety shows, online dramas, live streaming, its Cheers lifestyle video series, e-Mall, and mobile app, along with innovative e-commerce offerings on its platform enables it to pursue its mission of enriching people’s lives.

Its large and active user base has created valuable engagement opportunities with consumers and enhanced platform stickiness with thousands of domestic and international brands.

Non-fungible token

Glory Star’s Naschain platform offers one-stop solutions, which include smart contract, multichain universe and cross-chain consensus mechanisms, to users with its blockchain technology. It can help e-shoppers trace the origins of the products, avoid buying counterfeit goods, lower their logistics costs and protect their privacy.

The company has signed an agreement with the Beijing Minsheng Art Museum to use the company’s non-fungible token (NFT) technology, which can be used in copy-rights’ registration, verification, transaction and valuation, to protect the intellectual property of the museum’s artworks. The company will be able to boost its market share by acquiring some NFT service providers.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Press Release

McLaren Charlotte Shares a Five-Phase Framework for a Smoother Supercar Ownership Journey

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McLaren Charlotte, based in Charlotte, North Carolina, offers a practical path for individuals navigating modern sports car and supercar buying, delivery, and long-term ownership.

Charlotte, NC, 2nd April 2026, ZEX PR WIRE, A buyer had done what most people do now. They started online, opened too many tabs, and fell for the easy shortcut: treat the purchase like a single moment instead of a full process.

They made a few calls. They heard conflicting details. They waited on follow-ups that never quite landed. A test drive was discussed but not scheduled. Service was an afterthought. By the time delivery was on the table, the excitement had turned into fatigue.

The turnaround did not come from a dramatic change in taste or budget. It came from structure.

They narrowed the search. They asked for clear next steps. They treated availability as a guided conversation. They chose a path that connected sales to service from the start. The experience became smoother, not because the category got easier, but because the steps became clearer.

McLaren Charlotte says this is one of the most common patterns it sees across the sports car and supercar space. The business emphasizes that the best outcomes tend to come from a staged approach that protects the experience after delivery, not only during the first burst of excitement.

Many car retailers put the product at the centre. McLaren Charlotte frames the experience.

The issue is widespread

McLaren Charlotte’s perspective aligns with a basic truth in high-performance retail: many frustrations are not about the vehicle itself. They are about how the process is managed across stages.

A few indicators show how common the breakdown can be, even before someone visits a showroom:

  • 5 phases are typically involved in a smooth journey: browse, inquire, visit or test drive, deliver, and service. Skipping phases often creates friction later.

  • 2 handoffs matter most: online to in-person, and sales to service. When either is unclear, the experience starts to feel fragmented.

  • 3 early decision points tend to cause the most confusion: availability, next steps, and what happens after delivery.

This matters because a supercar transaction is rarely just a single exchange.

Expert commentary from McLaren Charlotte

McLaren Charlotte points to the mismatch between what people imagine and what the process actually requires.

The emphasis on seamlessness reads like an attempt to reduce friction across that arc.

The business also notes that availability is often misread. People want certainty, but in this category, the healthier approach is a guided process with clarity around next steps.

By making availability a conversation rather than a guarantee, the business sets an expectation that the process is guided, not simply transactional.

Finally, McLaren Charlotte stresses that long-term satisfaction is built on continuity. It is not one great day. It is many small moments handled well.

The company’s own public-facing material treats that continuity as part of what it offers.

Copy this framework: five phases to follow

Below is a simple, repeatable framework individuals can use to keep the experience clean, calm, and coherent.

Phase 1: Browse with intent

Start by browsing inventory with a shortlist mindset. Focus on fit, not fantasy. Use a single place to track what you are considering.

What to do:

  • Browse new inventory and pre-owned inventory.

  • Identify your non-negotiables before you inquire.

Phase 2: Inquire with clarity

Treat your first outreach as the start of a guided process. Ask what the next step is and how timelines are handled.

What to do:

  • Request availability for the model you care about.

  • Ask what information is needed from you to move forward.

Phase 3: Confirm the experience

Before you mentally commit, confirm what the path looks like from interest to delivery. This is where many people avoid small questions and pay for it later.

What to do:

  • Schedule a test drive when appropriate.

  • Confirm the handoff points and who owns each step.

Phase 4: Make delivery part of a longer plan

Delivery should feel like the start of ownership, not the finish line. The goal is not only to take delivery, but to stay supported after it.

What to do:

  • Confirm what happens immediately after delivery.

  • Clarify the service relationship early.

Phase 5: Set your ownership rhythm

The lasting experience comes from the routine: service planning, communication, and knowing where to go when something needs attention.

What to do:

  • Know the service contact pathway.

  • Keep future scheduling simple by using the same relationship.

Quick wins you can do this week

  • Reduce your options to a shortlist you can actually manage.

  • Ask for a clear next step in writing after every conversation.

  • Confirm who handles the handoff from sales to service.

  • Treat availability as a structured conversation, not a yes or no question.

  • Use posted hours and direct contact lines to keep the process efficient.

Red flags to watch for

  • You cannot get a clear next step after an inquiry.

  • Information changes each time you ask.

  • The process feels like separate silos rather than one connected path.

  • Service is treated like something to think about later.

  • The experience feels rushed at the start and vague at the end.

This week, pick one active situation you are in, or one purchase you are considering, and apply the five phases above. The goal is simple: make the process staged, guided, and continuous, from browsing to service. Small clarity moves early tend to prevent big frustration later.

About McLaren Charlotte

McLaren Charlotte is a McLaren Automotive retailer based in Charlotte, North Carolina. It offers new and pre-owned inventory, supports customers through a guided ownership journey, and provides access to a service department as part of ongoing ownership support.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Press Release

Feather Exchange Sets the Stage for Global Expansion at Shareholders Pre-Launch Event

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A New Era of Structured Digital Asset Trading Begins

March 22, 2026

Feather Exchange has successfully concluded its highly anticipated Global Shareholders Pre-Launch Event, marking a major milestone in the platform’s journey toward redefining the future of digital asset trading.

Led by John Chen, Chief Operating Officer of Feather Exchange, the event brought together key representatives from across the world, highlighting the platform’s rapidly expanding global footprint and strong international momentum.

Participants joined from a diverse range of regions including Colombia, Mexico, Brazil, Tanzania, China, Korea, India, Indonesia, Japan, and Uganda, reflecting the growing global interest in a new generation of structured trading platforms.

A Global Vision, A Unified Direction

The pre-launch event served as a strategic convergence point for Feather Exchange’s international community — aligning leaders, partners, and early shareholders around a shared vision:

To build a rule-driven, sustainable, and globally scalable trading ecosystem.

Throughout the session, attendees engaged in deep discussions surrounding:

  • The core mechanics of Feather Exchange
  • The philosophy behind structured market design
  • The long-term vision of ecosystem-driven value creation

This aligns with Feather Exchange’s mission to move the industry from speculation-driven systems toward rule-based financial infrastructure

Live Demonstration of the MatrixFlow System

A major highlight of the event was the live demonstration of the proprietary MatrixFlow trading mechanism — a system designed to fundamentally reshape how digital asset markets operate.

Unlike traditional exchanges, MatrixFlow introduces:

  • Controlled price progression
  • Activity-based token distribution
  • Structured participation incentives
  • Predictable market behaviour

This innovative model demonstrates how trading activity can directly contribute to ecosystem growth and long-term value formation, rather than short-term volatility.

Strategic Expansion Across Global Markets

The event also focused heavily on country-level expansion strategies, with in-depth discussions on how Feather Exchange will scale across different regions.

Each market presented unique opportunities — from emerging economies to mature trading environments — reinforcing Feather Exchange’s belief that:

The future of exchanges will be built through localized ecosystems connected by a global framework.

Collaborative strategies were developed to accelerate:

  • Community growth
  • Market education
  • Trading participation
  • Ecosystem adoption

Building More Than an Exchange

Feather Exchange is not positioning itself as just another trading platform.

It is building a new category of exchange, where:

  • Users are participants and co-builders
  • Trading is tied to value creation
  • Growth is guided by rules, not speculation

As highlighted during the event, Feather Exchange is part of a broader shift in the industry — moving toward structured, sustainable, and participation-driven financial systems

A Powerful Beginning

The successful completion of the Global Shareholders Pre-Launch Event marks only the beginning of Feather Exchange’s global journey.

With strong international alignment, a clear strategic roadmap, and a fundamentally new market model, the platform is now positioned to enter its next phase of growth.

This is not just the launch of an exchange.
This is the beginning of a new financial paradigm.

About Feather Exchange

Feather Exchange is a next-generation digital asset trading platform designed to create a secure, efficient, and sustainable ecosystem. Powered by the innovative MatrixFlow trading mechanism, the platform aligns user participation with ecosystem growth, enabling a new model of structured and transparent market development.

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Travler Africa Sets New Standard as Kenya’s Leading Bus Booking Platform

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In a major milestone for East Africa’s transport sector, Voltic Kenya Limited has announced that its flagship product, Travler App, is now recognized on the Google Play Store as Kenya’s number one choice for online bus ticketing.

Kenya, 2nd Apr 2026, Grand NewswireBest Bus Booking App in Kenya

3rd, April, 2026

Nairobi, Kenya — In a major milestone for East Africa’s transport sector, Voltic Kenya Limited has announced that its flagship product, Travler App, is now recognized on the Google Play Store as Kenya’s number one choice for online bus ticketing. The achievement underscores the company’s mission to revolutionize how Kenyans book and experience long-distance travel.

Designed to eliminate the chaos traditionally associated with bus stations, the Travler App replaces long queues, unpredictable fare hikes, and last-minute booking stress with a seamless, digital-first experience. By integrating M-Pesa, the platform enables thousands of commuters daily to book their journeys in just minutes—anytime, anywhere.

The rapid adoption of the platform signals a broader shift in consumer behavior, as Kenyan travelers increasingly demand convenience, transparency, and reliability. What was once a time-consuming and uncertain process has now been transformed into a smooth, user-friendly experience defined by speed and confidence.

Redefining Travel Through Innovation

From its inception, the Travler App was built with the modern Kenyan commuter in mind. Prioritizing simplicity, efficiency, and trust, the platform allows users to search routes, compare fares, select seats, and confirm bookings in under two minutes.

“We recognized that Kenyans deserve a travel booking experience that respects their time and delivers genuine peace of mind,” said George, CEO of Voltic Kenya Limited. “Our platform doesn’t just digitize the old way of doing things—it fundamentally reimagines what it means to book a seat on a bus in Kenya.”

The app connects passengers with vetted, high-quality bus operators across East Africa, ensuring both reliability and safety. With extensive route coverage spanning major cities such as Nairobi, Mombasa, Kisumu, Eldoret, Kampala, and Dar es Salaam, the platform is quickly becoming the go-to solution for regional travel.

Transparency and Trust at the Core

A key differentiator for the Travler App is its commitment to pricing transparency. Unlike traditional booking systems where fares may fluctuate or include hidden charges, the platform clearly displays all costs upfront. Passengers know exactly what they are paying before completing their booking—eliminating uncertainty and building trust.

The app also features an interactive seat selection system, giving travelers full control over their journey. Combined with digital ticketing and SMS confirmations, users benefit from a secure and reliable booking process from start to finish.

Features Driving Nationwide Adoption

Travler App’s growing popularity is powered by features tailored to real-life travel needs. Instant M-Pesa payments eliminate the need for cash transactions, while flexible booking management allows users to reschedule trips directly within the app. Group and return ticket options further simplify planning for families, businesses, and frequent travelers.

Additionally, the platform’s optimized design ensures minimal data usage and efficient battery performance—making it accessible to users across both urban and rural areas.

“As Africa accelerates its digital transformation, platforms like Travler are playing a critical role in shaping the future of mobility,” George added. “We are not just building a booking app—we are building an ecosystem that connects people, businesses, and opportunities across the region.”

Customer-Centric Support and Vision

Beyond technology, Travler Africa places strong emphasis on customer support, offering real-time assistance for booking inquiries, travel changes, and on-the-ground guidance. This human-centered approach sets the company apart in an industry often criticized for poor post-sale service.

As demand for efficient and reliable transportation continues to rise, Voltic Kenya Limited remains committed to innovation and expansion. With its growing user base and regional reach, the Travler App is poised to lead the next phase of digital mobility in East Africa.

About Voltic Kenya Limited
Voltic Kenya Limited is a Kenyan transport technology company dedicated to making road travel smarter, safer, and more accessible. Its flagship product, the Travler App, is available on Android and iOS, offering seamless bus booking solutions across East Africa.

Contact:
Travler Africa
+254 709 215 215 | +254 785 700 700
Mombasa Road, Nairobi
Visit: travler.africa

Media Contact

Organization: Travler.Africa

Contact
Person:
George

Website:

https://travler.africa/

Email:

hello@travler.africa

Country:Kenya

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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