Press Release
Glory Star expected to further increase profitability
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.
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.
Press Release
MARS Umzuge Enhances Europe-Wide Operations to Meet Growing Demand for International Relocation
In order to meet the increasing demand for international moving services and ease the customers’ experience of cross-border moves, MARS Umzuge has decided to extend its services throughout Europe. Berlin-based relocation company strengthens its operations across Europe to support smooth and reliable international moves.
Berlin, Germany, 21st Apr 2026 – MARS Umzuge, a relocation company based in Berlin has today announced a Europe expansion of its operations covering more countries to address increasing demands in international relocation services. The European region has been increasing mobility from country to country, necessitating an improved infrastructure, logistics coordination and service capability for maximum effectiveness, safety and customer-orientation in their relocation experiences.
Growing Demand for International Moving
In recent years a number of people and businesses are now moving between various European countries. This has created high demand for reliable removal services. MARS Umzuge, a trusted moving company in Berlin, has observed a steady increase in inquiries about international relocation services.
The company already offers structured and well-planned Removals Berlin services. With this expansion, it aims to improve its ability to handle moves across different countries in Europe. The goal is to make the moving process easier more predictable and less stressful for customers.
Focus on Better Planning and Coordination
The major areas to be addressed are logistics and coordination. MARS Umzuge Berlin is known for its full planning, proper handling of consignments and immediate services of deliveries.
International operations demand multi-layered coordination across borders with a central hub linking each participating site. To conduct all this firm has been enhancing its transport planning and route management. This ensures no more delays and assures the timely arrival of the goods, safely. The company reaches its peak status because the Removals Berlin service is carefully planned, ensuring every step is transparent for clients.
Simple and Transparent Moving Process
MARS Umzuge also worked to keep our services simple and easy to understand. Customers were guided throughout the entire moving process right from planning to packing, transportation and delivery. Being a Moving company Berlin has to focus on good communication skills with its clients, which helps prevent confusion and builds trust during the moving phase. Its Removals Berlin services are structured in a way that customers can stay informed and feel more confident about their relocation.
Flexible Services for Different Needs
MARS Umzuge perceives the diversity in each move as its solution to provide a wide range of services for every relocation. In Germany or throughout Europe, a move will always be treated with one and the same level of services. Being an adversity-resilient Moving company Berlin has carried MARS Umzuge seamlessly through the line with small and big moves. Combining the company’s resources has proven beneficial in consistently achieving the aim of assisting individuals, families and enterprises. Further expansions in its Removals Berlin services have given the company a way to handle any number of moving problems elsewhere in Europe.
Maintaining Quality and Reliability
Reliability and Quality, being the primary focus for MARS Umzuge, serve for practicality in all dealings. Their contract establishes a systematic strategy that emphasizes careful management and prompt delivery of products. As Berlin’s most dependable moving company demonstrates careful attention to essential tasks like packing, loading and transportation all of which are crucial for ensuring safety during the lengthy and challenging journey. The entire procedure is regularly reviewed to improve service standards ensuring that all goods and relocation services are provided through our trusted Removals Berlin network everywhere.
Future Plans
As international moves become more frequent, a foreign moving company might find it beneficial to further familiarize itself with the process, reflecting an ongoing industry trend. And recognizing this, the organized and reliant presence of an international moving company has its reason. And MARS Umzuge, the company puts in work towards enhancing operations, preparing to make moves easier for helpful clients. The moving company, gaining popularity in Berlin, is broadening its reach throughout Europe to promote seamless and efficient relocations. In Removals Berlin, simple processes and trustworthiness will undoubtedly remain the cornerstone.
About MARS Umzuge
MARS Umzuge is a Berlin-based moving company that undertakes moves on behalf of people and companies. They’ve always closed the sale off at the highest level of organizational skills service you can rely on and straightforward communication. They are the masters at providing a professional removals company Berlin facility to their clients to make moving precious stuff easy and efficient. Indeed MARS Umzuge gives world citizens help at moving quite around in Europe for internal and outside movers.
Media Contact
Website: https://www.mars-umzuege.de/
Email: info@mars-umzuege.de
Contact No: +49 30 12021901
WhatsApp: 0163 62 49 365
Waldstraße 71, 13403 Berlin, Germany
Media Contact
Organization: Mars Umzüge
Contact Person: Mars Umzüge
Website: https://www.mars-umzuege.de/
Email: Send Email
Contact Number: +493012021901
Address:Waldstraße 71, 13403
City: Berlin
Country:Germany
Release id:44193
The post MARS Umzuge Enhances Europe-Wide Operations to Meet Growing Demand for International Relocation appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
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.
Press Release
MARS Umzuge Enhances Europe-Wide Operations to Meet Growing Demand for International Relocation
In order to meet the increasing demand for international moving services and ease the customers’ experience of cross-border moves, MARS Umzuge has decided to extend its services throughout Europe. Berlin-based relocation company strengthens its operations across Europe to support smooth and reliable international moves.
Berlin, Germany, 21st Apr 2026 – MARS Umzuge, a relocation company based in Berlin has today announced a Europe expansion of its operations covering more countries to address increasing demands in international relocation services. The European region has been increasing mobility from country to country, necessitating an improved infrastructure, logistics coordination and service capability for maximum effectiveness, safety and customer-orientation in their relocation experiences.
Growing Demand for International Moving
In recent years a number of people and businesses are now moving between various European countries. This has created high demand for reliable removal services. MARS Umzuge, a trusted moving company in Berlin, has observed a steady increase in inquiries about international relocation services.
The company already offers structured and well-planned Removals Berlin services. With this expansion, it aims to improve its ability to handle moves across different countries in Europe. The goal is to make the moving process easier more predictable and less stressful for customers.
Focus on Better Planning and Coordination
The major areas to be addressed are logistics and coordination. MARS Umzuge Berlin is known for its full planning, proper handling of consignments and immediate services of deliveries.
International operations demand multi-layered coordination across borders with a central hub linking each participating site. To conduct all this firm has been enhancing its transport planning and route management. This ensures no more delays and assures the timely arrival of the goods, safely. The company reaches its peak status because the Removals Berlin service is carefully planned, ensuring every step is transparent for clients.
Simple and Transparent Moving Process
MARS Umzuge also worked to keep our services simple and easy to understand. Customers were guided throughout the entire moving process right from planning to packing, transportation and delivery. Being a Moving company Berlin has to focus on good communication skills with its clients, which helps prevent confusion and builds trust during the moving phase. Its Removals Berlin services are structured in a way that customers can stay informed and feel more confident about their relocation.
Flexible Services for Different Needs
MARS Umzuge perceives the diversity in each move as its solution to provide a wide range of services for every relocation. In Germany or throughout Europe, a move will always be treated with one and the same level of services. Being an adversity-resilient Moving company Berlin has carried MARS Umzuge seamlessly through the line with small and big moves. Combining the company’s resources has proven beneficial in consistently achieving the aim of assisting individuals, families and enterprises. Further expansions in its Removals Berlin services have given the company a way to handle any number of moving problems elsewhere in Europe.
Maintaining Quality and Reliability
Reliability and Quality, being the primary focus for MARS Umzuge, serve for practicality in all dealings. Their contract establishes a systematic strategy that emphasizes careful management and prompt delivery of products. As Berlin’s most dependable moving company demonstrates careful attention to essential tasks like packing, loading and transportation all of which are crucial for ensuring safety during the lengthy and challenging journey. The entire procedure is regularly reviewed to improve service standards ensuring that all goods and relocation services are provided through our trusted Removals Berlin network everywhere.
Future Plans
As international moves become more frequent, a foreign moving company might find it beneficial to further familiarize itself with the process, reflecting an ongoing industry trend. And recognizing this, the organized and reliant presence of an international moving company has its reason. And MARS Umzuge, the company puts in work towards enhancing operations, preparing to make moves easier for helpful clients. The moving company, gaining popularity in Berlin, is broadening its reach throughout Europe to promote seamless and efficient relocations. In Removals Berlin, simple processes and trustworthiness will undoubtedly remain the cornerstone.
About MARS Umzuge
MARS Umzuge is a Berlin-based moving company that undertakes moves on behalf of people and companies. They’ve always closed the sale off at the highest level of organizational skills service you can rely on and straightforward communication. They are the masters at providing a professional removals company Berlin facility to their clients to make moving precious stuff easy and efficient. Indeed MARS Umzuge gives world citizens help at moving quite around in Europe for internal and outside movers.
Media Contact
Website: https://www.mars-umzuege.de/
Email: info@mars-umzuege.de
Contact No: +49 30 12021901
WhatsApp: 0163 62 49 365
Waldstraße 71, 13403 Berlin, Germany
Media Contact
Organization: Mars Umzüge
Contact Person: Mars Umzüge
Website: https://www.mars-umzuege.de/
Email: Send Email
Contact Number: +493012021901
Address:Waldstraße 71, 13403
City: Berlin
Country:Germany
Release id:44193
The post MARS Umzuge Enhances Europe-Wide Operations to Meet Growing Demand for International Relocation appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
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.
Post Oak Group, recently named the Best Middle-Market Investment Bank in Texas, is expanding its cross-border M&A capabilities to meet this demand, reinforcing its position as a premier advisor to founders, shareholders, and institutional investors pursuing international transactions.
Houston, Texas, United States, 21st Apr 2026 – As middle-market companies increasingly look beyond U.S. borders for growth, strategic partnerships, and capital, the demand for investment banks equipped to navigate cross-border complexity has never been greater. Post Oak Group, recently named the Best Middle-Market Investment Bank in Texas, is expanding its cross-border M&A capabilities to meet this demand, reinforcing its position as a premier advisor to founders, shareholders, and institutional investors pursuing international transactions.
The firm’s cross-border platform is built to address the unique challenges of international dealmaking: differing regulatory frameworks, currency exposure, tax structuring, cultural nuances in negotiation, and the coordination of buyers, investors, and counsel across multiple jurisdictions. With a track record spanning 12 countries and more than $82 billion in completed transactions, Post Oak Group has developed an execution framework designed specifically for the middle market, one that delivers institutional-grade advisory without the bureaucracy and inefficiency often associated with larger global banks.
A Differentiated Approach to International Dealmaking
Middle-market companies pursuing cross-border transactions have historically faced a difficult choice: engage a bulge-bracket bank where their deal risks being deprioritized, or work with a regional advisor lacking true international reach. Post Oak Group was built to eliminate that tradeoff.
“Middle-market founders and shareholders deserve the same caliber of cross-border execution that larger companies receive from global banks,” said Alex Treistman, Managing Partner of the Capital Markets practice at Post Oak Group. “Our platform is designed to deliver that level of sophistication while maintaining the senior-led attention and agility that defines how we operate.”
The firm’s recognition as the Best Middle-Market Investment Bank in Texas reflects this differentiated positioning, a testament to the firm’s ability to combine institutional-grade execution with the responsiveness and customization that middle-market clients require.
Senior-Led Execution Across Every Engagement
A defining feature of Post Oak Group’s cross-border model is the direct involvement of senior bankers throughout the lifecycle of every transaction. The firm’s leadership team brings more than 250 years of combined experience across capital markets, mergers and acquisitions, and a wide range of industry specializations.
Rather than delegating execution to junior staff once a mandate is won, a common dynamic at larger institutions, Post Oak Group’s senior professionals remain deeply engaged from initial strategy through closing. This partner-led model is particularly critical in cross-border engagements, where judgment, relationships, and real-time decision-making often determine the outcome of a transaction.
Global Reach, Integrated Platform
Post Oak Group operates a fully integrated investment banking platform spanning capital markets and M&A advisory, with approximately 300 professionals across advisory, execution, research, operations, and support functions. This integration allows the firm to seamlessly coordinate capital raises, recapitalizations, and buy-side or sell-side M&A mandates across jurisdictions, a capability that is increasingly important as middle-market companies pursue hybrid transactions combining capital infusion with strategic partnership or acquisition.
The firm’s international reach spans North America, Europe, Australia, Latin America, and select markets in Asia, supported by long-standing relationships with institutional investors, family offices, strategic acquirers, and private equity sponsors across the globe.
Meeting a Growing Need in the Middle Market
Cross-border M&A activity in the middle market has accelerated meaningfully in recent years, driven by supply chain realignment, the globalization of founder-owned businesses, and increased appetite from international strategic acquirers and institutional investors for U.S.-based middle-market assets. Post Oak Group’s expansion of its cross-border capabilities is designed to meet this demand head-on.
About Post Oak Group
Post Oak Group is a leading middle-market investment bank headquartered in Houston, Texas, recently recognized as the Best Middle-Market Investment Bank in Texas. The firm operates a fully integrated platform spanning capital markets and M&A advisory, with a track record of more than $82 billion in transactions across 12 countries. Post Oak Group serves founders, shareholders, and institutional investors through senior-led, partner-driven engagements designed to deliver institutional-grade execution with boutique-level attention.
For more information, visit postoakgroup.co
Media Contact
Organization: Post Oak Group
Contact Person: Alexander Treistman
Website: https://www.postoakgroup.co/
Email:
info@postoakgroup.co
City: Houston
State: Texas
Country:United States
Release id:44181
The post Post Oak Group Strengthens Cross-Border M&A Capabilities for Middle-Market Clients appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
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.
MARS Umzuge Enhances Europe-Wide Operations to Meet Growing Demand for International Relocation
MARS Umzuge Enhances Europe-Wide Operations to Meet Growing Demand for International Relocation
Post Oak Group Strengthens Cross-Border M&A Capabilities for Middle-Market Clients
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