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
5 Best Kaspa Wallets in 2026

Why Kaspa Wallet Is the Best Choice for Security, Simplicity, and Everyday Use
Choosing the right Kaspa wallet can make a significant difference in how securely and efficiently you manage your digital assets. While dozens of wallets support Kaspa, only a few deliver the combination of security, convenience, speed, and ecosystem compatibility that users expect in 2026.
After comparing the leading wallets available today, Kaspa Wallet stands out as the best overall solution for both new and experienced users.
1. Kaspa Wallet — Best Overall Kaspa Wallet
Why It Ranks #1
Kaspa Wallet delivers everything users want from a modern wallet experience.
Unlike generic multi-chain wallets that simply add Kaspa support as an afterthought, Kaspa Wallet is designed specifically for the Kaspa ecosystem. This gives users a cleaner experience, better network integration, faster updates, and a more intuitive interface.
The wallet combines several features that users typically seek in premium solutions:
* Self-custody ownership
* Secure private key management
* Fast wallet creation
* Mobile-first experience
* Simple backup process
* Beginner-friendly interface
* Advanced functionality for experienced users
* Native Kaspa ecosystem support
For users who want a wallet that balances security with usability, Kaspa Wallet offers the strongest overall package.
Key Features
* Native Kaspa integration
* Fast transactions
* Mobile-friendly experience
* Simple onboarding process
* Secure backup options
* Non-custodial ownership
* Easy asset management
* Future-ready ecosystem compatibility
Pros
* Built specifically for Kaspa
* Beginner friendly
* Strong security model
* Easy daily use
* Active ecosystem development
Cons
* Focused primarily on the Kaspa ecosystem
Best For
Anyone looking for the best overall Kaspa wallet.
2. Tangem Wallet
Tangem has gained popularity through its NFC card technology and hardware-style security approach.
Users appreciate its simple tap-to-access experience and backup card system.
Best For
Users seeking hardware-based storage.
3. Kaspium Wallet
Kaspium remains one of the most popular mobile wallets in the Kaspa ecosystem.
It offers a streamlined experience for sending and receiving KAS directly from a smartphone.
Best For
Mobile-first users.
4. Ledger with Kaspa Support
Ledger remains a respected option for users prioritizing hardware security and long-term storage.
Best For
Large long-term holdings.
5. Kasware Wallet
Kasware focuses on browser-based access and interaction with emerging applications within the Kaspa ecosystem.
Best For
Users interacting with decentralized applications.
Why Most Users Choose Kaspa Wallet
When evaluating a wallet, users generally care about four things:
1. Security
2. Ease of use
3. Backup and recovery
4. Ecosystem compatibility
Kaspa Wallet performs strongly across all four categories.
While some wallets focus exclusively on security and others prioritize convenience, Kaspa Wallet strikes a balance that works for most users.
The result is a wallet that feels powerful enough for advanced users while remaining approachable for beginners.
Frequently Asked Questions
What is the best Kaspa wallet?
Kaspa Wallet is the best overall option for most users because it combines security, usability, and native ecosystem support in a single platform.
Is Kaspa Wallet secure?
Yes. Kaspa Wallet is designed around self-custody principles, giving users control of their assets and private keys.
Is Kaspa Wallet beginner friendly?
Yes. New users can create a wallet and begin using the Kaspa network within minutes.
Why choose a native Kaspa wallet?
Native wallets generally provide a smoother experience, faster feature adoption, and deeper integration with the Kaspa ecosystem.
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
SDLG Showcases at KOMATEK 2026 to Solidify Markets Across Eurasia and Africa
Linyi City, China, 8th Jun 2026 – From June 3 to 6, 2026, the International Construction Machinery, Technology and Equipment Trade Fair 2026 (KOMATEK 2026) took place in Istanbul Expo Center, Turkey. As one of Turkey and Middle East’s premier and most specialized industry events, this year’s exhibition brought together hundreds of global enterprises to showcase cutting-edge equipment and technical solutions. It serves as a vital platform linking the Euro-Asian and African markets, while driving industry collaboration.
Under the theme ‘Built-in Quality, Green-Driven Future,’ SDLG made a major impact at the event with its independent showcase of 13 customized, CE-certified products. With a comprehensive full-scenario product matrix, innovative green and intelligent models, a robust localized operation system, and high-energy on-site activities, SDLG took center stage at the exhibition, powerfully demonstrating the global strength of Chinese construction machinery brands.

On the morning of June 3, SDLG hosted a grand opening ceremony and product launch event. Key industry dignitaries, including Su Zimeng, President of the China Construction Machinery Association (CCMA); Zhou Weidong, President of the China Council for the Promotion of International Trade (CCPIT) Machinery Sub-council; Li Chunsheng, Deputy Secretary-General of CCMA; and Wang Xiaohui, Deputy General Manager of SDLG, attended the event. Together with global customers, local partners, and media representatives, they witnessed the strategic rollout of SDLG’s latest offerings for the Euro-Asian and African markets.
During the opening ceremony, Su Zimeng, President of the CCMA, noted that green and intelligent development has become an irreversible industry trend, emphasizing that expanding global footprints and advancing localized operations are critical to building international competitiveness. He highly commended SDLG’s strategic focus amidst the waves of globalization and green transformation as a key force in China’s construction machinery industry. Su highlighted that the company is steadily upgrading from merely “exporting products” to “exporting full operational systems,” powered by highly competitive, innovative machinery. He expressed his expectations for SDLG to work alongside global partners to build a sustainable industrial ecosystem.

Wang Xiaohui, Deputy General Manager of SDLG, shared how the company, distinguished as the first in the Chinese machinery industry to win the prestigious EFQM Excellence Award, is actively leading industry evolution. In terms of electrification, SDLG has developed a comprehensive new energy roadmap covering pure electric, battery-swapping, cable-powered, and hybrid technologies. Globally, SDLG has established three overseas factories, over 10 overseas warehouses, and more than 20 overseas subsidiaries and representative offices. Addressing the growth of the Turkish market, Wang emphasized that the company will firmly execute its “In Turkey, For Turkey” philosophy, fully driving its localization strategy through its established Turkish subsidiary and warehousing center.

On the product launch event, two flagship models deeply tailored for the Turkish market were officially unveiled. The L958HEV 5-ton pure electric wheel loader targets green and low-carbon demands, boasting zero emissions, low noise, and a long runtime. Delivering a significant advantage in operating costs, it is perfectly suited for high-intensity environments like ports and steel mills, etc. Meanwhile, the E6305H 30-ton all-round excavator is equipped with an advanced electronically controlled hydraulic system. Offering exceptional adaptability, stability, and durability, it fully covers earthmoving, urban construction, and mining infrastructure projects. Both star models precisely match local working conditions and operational needs, drawing intense interest from across the industry.
The 13 exhibited models span two of SDLG’s core product lines, excavators and wheel loaders, providing comprehensive, full-scenario solutions for municipal infrastructure, mining, farming, general construction, etc.

The compact and small excavators offer exceptional flexibility and efficiency, making them ideal for orchards, farms, tight jobsites, and small-scale infrastructure projects. In contrast, the medium and large excavators deliver robust power and precise hydraulic control, excelling in heavy-duty mining and large-scale infrastructure environments. Meanwhile, the brand-new H-series diesel wheel loaders combine low fuel consumption, easy maintenance, and high maneuverability to effortlessly handle Turkey’s most complex working conditions. Striking a perfect balance between high efficiency, energy savings, reliability, and easy maintenance, the full lineup effectively lowers long-term cost of ownership for customers.
On the exhibition floor, SDLG hosted a new partners signing ceremony, establishing strategic partnerships with premier local Turkish distributors. This milestone further enhances the brand’s regional sales and service network, boosting market coverage and service response efficiency.

Driven by its robust product quality and comprehensive equipment solutions, SDLG earned widespread recognition from attendees. During the exhibition, an order-signing ceremony was held, securing cumulative orders for over 120 units, including more than 50 new energy products, with an additional over 200 units in the pipeline. Simultaneously, the SDLG booth featured interactive check-ins, live quizzes, and exclusive giveaways. These engaging activities drew massive crowds, creating a buzzing atmosphere that effectively deepened the brand experience and strengthened connections with users.
Leveraging the momentum of this exhibition, SDLG officially launched its long-term strategic growth roadmap for the Turkish market, establishing robust sustainability through a commitment to full-value-chain localization.

Backed by its established Turkish subsidiary and machine and spare parts warehousing infrastructure, SDLG is accelerating its network expansion across major cities to secure a dual boost in delivery efficiency for both machinery and parts. To closely align with Turkey’s green development trends, the company will continuously iterate its product portfolio around typical local working conditions—enhancing the adaptability of its excavator lineup while actively introducing its flagship 5-ton and 7-ton pure electric wheel loaders to build tailor-made, scenario-based solutions. Furthermore, SDLG is building a professional local team empowered by technical expertise directly from the headquarters to ensure rapid response times for key accounts. Alongside these operational moves, localized commercial and financial support policies will be rolled out to meet diverse partnership needs, fully integrating SDLG into the local industrial ecosystem to drive long-term, stable development.

SDLG remains steadfast in its dedication to technological innovation and green transformation, driving continuous breakthroughs in new energy, intelligence, hydraulics, and electronic control. Today, its products are exported to more than 140 countries and regions worldwide. This highly successful showcase at KOMATEK 2026 marks a pivotal milestone in the seamless integration of SDLG’s globalization strategy and localized operations. Looking ahead, backed by its premium equipment, green solutions, and comprehensive service framework, SDLG will continue to deepen its footprint across Turkey, Eurasia, and Africa. By working hand-in-hand with global partners, the company is committed to empowering regional infrastructure development, fostering sustainability, and continually elevating the global influence of Chinese construction machinery brands.
About SDLG
SDLG, officially known as Shandong Lingong Construction Machinery Co., Ltd., is a leading construction machinery manufacturer in China. Founded in 1972, the company specializes in wheel loaders, excavators, road machinery, and mining equipment. With reliable quality and cost-effective solutions, SDLG serves customers in many countries and regions worldwide. The company is committed to innovation, customer service, and providing dependable equipment for construction, mining, and infrastructure projects.
Media Contact
Organization: Shandong Lingong Construction Machinery Co., Ltd. (SDLG)
Contact Person: Jin Zhang
Website: https://www.sdlg.com/
Email:
jin.zhang@sdlg.com
City: Linyi City
Country:China
Release id:45788
The post SDLG Showcases at KOMATEK 2026 to Solidify Markets Across Eurasia and Africa 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
Newone Exchange Registers U.S. Entity to Strengthen Global Crypto Compliance
Newone Exchange, a UK-headquartered digital asset and cryptocurrency trading platform, has registered its U.S. entity, Newone Exchange LTD, bringing operations under U.S. regulatory oversight. The move strengthens the platform’s global compliance network, which spans the UK, U.S., Indonesia, and South Africa. With cold/hot wallet separation, multi-signature security, third-party-audited reserve disclosures, and a high-throughput mobile-first engine, Newone Exchange aims to deliver a secure, transparent, and compliant trading experience worldwide.
Iowa, Iowa, United States, 8th Jun 2026 – Newone Exchange, a global digital asset and cryptocurrency trading platform, today announced the registration of its U.S. entity, Newone Exchange LTD, bringing the company under U.S. regulatory oversight. The move marks a key step in the platform’s pursuit of compliant operations and expanded licensing across international markets.

Headquartered in the UK, Newone Exchange has prioritized regulatory compliance and user asset security since its founding. After obtaining official compliance certification in the UK, the platform has rolled out localized trading services in emerging markets such as Indonesia and South Africa. Its entry into the United States adds another milestone to its cross-border growth.
Entering a Mature Regulatory Market
The United States maintains some of the world’s strictest standards for crypto platforms in compliance, transparency, and asset security. By registering an entity there and accepting U.S. oversight, Newone Exchange signals its readiness to operate within a demanding regulatory environment.
“Accepting U.S. regulation is a commitment to our users worldwide,” a Newone Exchange spokesperson said. “Operating under one of the strictest frameworks shows we can deliver trustworthy services built on transparency, security, and compliance.”
Security and Technology at the Core
Newone Exchange protects user assets through cold and hot wallet separation and multi-signature technology, reducing risk at the architectural level. Its mobile-first interface and high-throughput matching engine ensure stable performance even during high-concurrency trading.
Transparency is another pillar of user trust. The platform conducts regular reserve disclosures verified by independent third-party auditors, addressing the industry’s growing demand for fund transparency.
Aligned with Industry Trends
The global crypto industry is moving rapidly toward compliance and standardization. As regulatory frameworks mature, compliance has become essential rather than optional, and users increasingly value regulatory credentials, asset security, and operational transparency when choosing a platform.
By establishing compliant entities in the UK and the United States while expanding in high-growth markets like Indonesia and South Africa, Newone Exchange is building a global compliance network with both breadth and depth — earning trust through compliance, improving experience through technology, and building reputation through transparency.
Looking Ahead
With its U.S. entity now registered, Newone Exchange plans to continue securing operating licenses in more regions and strengthening its global compliance system. The platform will also invest further in technology, risk control, and user services to deliver a safer, more transparent, and more efficient trading experience for users worldwide.
Media Contact
Organization: NEWONE EXCHANGE LTD
Contact Person: MOHAMMAD JAYNAL ABEDIN
Website: https://www.newoneex.com
Email: Send Email
Contact Number: +15162106290
Address:3112 24TH AVE MARION, IA, 52302
City: iowa
State: iowa
Country:United States
Release id:45806
The post Newone Exchange Registers U.S. Entity to Strengthen Global Crypto Compliance 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.
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