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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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Press Release

MEXC Integrates World-Check to Fortify Institutional Grade Compliance Architecture

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Mutsamudu, Comoros, July 29th, 2026, Chainwire

“In a rapidly maturing digital asset market, relying on fragmented risk data is a critical vulnerability. Building a resilient ecosystem demands institutional-grade intelligence.”

MEXC, the world’s fastest-growing digital asset exchange and a pioneer of true zero-fee trading, has today announced a collaboration with LSEG Risk Intelligence.This partnership enables the integration of World-Check, equipping the platform with the same risk intelligence database used by financial institutions globally, setting a new benchmark for proactive security in the cryptocurrency ecosystem.

Deploying an Institutional Grade Risk Architecture

As institutional and retail adoption of digital assets accelerates, uncompromising security measures have become a critical operational imperative. By adopting LSEG World-Check, MEXC is fusing the rigorous compliance frameworks of traditional finance with the agility of the digital economy. This strategic upgrade sets a new benchmark for the industry, ensuring the platform’s overarching security infrastructure meets regulatory standards.

Precision Screening and Preemptive Ecosystem Defence

World-Check is globally recognised as the authoritative and trusted source for risk intelligence. To execute its high-level security strategy, MEXC is embedding this premier data directly into its internal workflows. This integration facilitates real-time screening and cross-referencing against global regulatory and sanctions watchlists. Crucially, the system identifies Politically Exposed Persons (PEPs) and continuously tracks adverse media to swiftly intercept illicit actors. This dual capability fundamentally reinforces the exchange’s Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) protocols.

Securing the Future of Digital Asset Trading

Shifting away from reactive regulatory measures, MEXC is engineering a preventative approach to platform security. The integration helps the exchange filter out high-risk actors during initial onboarding and continues monitoring existing accounts, keeping the trading environment clean.

Vugar Usi, Chief Executive Officer of MEXC, said: “At MEXC, protecting our users and partners is non-negotiable. By integrating LSEG’s World-Check risk intelligence platform into our digital asset infrastructure, we are setting a new standard for compliance and transparency in the industry. This partnership reflects our steadfast commitment to building a trading environment that not only meets today’s regulatory expectations but anticipates tomorrow’s. We are dedicated to creating an ecosystem where legitimate participants can engage with confidence, and our collaboration with LSEG ensures we have the screening capabilities to deliver on that promise. “

Michael Meadon, Director, Asia Pacific at LSEG Risk Intelligence, said: “As digital assets continue to mature, market participants are rightly expecting the same level of rigour they see across traditional finance. By integrating World-Check into its compliance workflows, MEXC is strengthening its ability to identify high-risk actors, enhance screening at onboarding and through ongoing monitoring, and support a safer trading environment for users globally.”

About MEXC

MEXC is the world’s fastest-growing cryptocurrency exchange, trusted by more than 40 million users across 170+ markets. Built on a user-first philosophy, MEXC offers industry-leading 0-fee trading and access to over 3,000 digital assets. As the Gateway to Infinite Opportunities, MEXC provides a single platform where users can easily trade cryptocurrencies alongside tokenized assets, including stocks, ETFs, commodities, and precious metals.

MEXC Official Website X TelegramHow to Sign Up on MEXC

For media inquiries, please contact MEXC PR team: media@mexc.com

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MEXC PR team
media@mexc.com

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Press Release

Zeroto100 Launches matchfac eco for Low-Carbon Manufacturing and CBAM Compliance

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Korean startup Zeroto100 INC. unveils matchfac eco — a data-driven platform that matches manufacturers with low-carbon Vietnamese factories and automates ISO 14067-based carbon footprint reporting.

Daejeon, South Korea, 29th Jul 2026 — Zeroto100 INC., a South Korean green-tech startup led by CEO Heejin Jung, has officially launched matchfac eco, a B2B SaaS platform that connects export-oriented businesses with low-carbon Vietnamese manufacturers and automates product carbon footprint (PCF) calculation in line with ISO 14067 standards.

The platform directly addresses a growing challenge for small and mid-sized exporters: as the EU’s Carbon Border Adjustment Mechanism (CBAM), Corporate Sustainability Reporting Directive (CSRD), and South Korea’s mandatory ESG disclosure requirements take effect, companies are increasingly required to prove the carbon footprint of goods produced by overseas partner factories — data that most manufacturers in developing countries have never systematically collected.

“The factory selection process has always been driven by price and lead time. No one was measuring carbon,” said Heejin Jung, CEO of Zeroto100 INC. “We built matchfac eco to change that — so that choosing the most cost-efficient factory naturally becomes the same decision as choosing the lowest-carbon factory.”

From Factory Floor Data to Carbon Reports — Automatically

matchfac eco is built on a proprietary energy efficiency database compiled from 30+ Vietnamese partner factories across key manufacturing categories including injection molding, garment production, metal fabrication, and eco-packaging. Factory-level data — including electricity consumption (kWh), equipment efficiency ratings, and renewable energy usage — was collected through direct on-site visits and ongoing partner relationships, not aggregated from secondary sources.

When a buyer inputs product specifications and production conditions, the platform automatically maps this activity data against standardized emission factors (covering Vietnam-Korea grid coefficients, material-level carbon indices, and logistics-mode emission rates) and calculates a PCF value in real time. The entire process follows the ISO 14067 methodology and GHG Protocol standards, producing results that are directly usable for CBAM declarations and ESG supply chain disclosures.

Traditional lifecycle assessment (LCA) typically requires months of specialist consulting and significant cost — making it inaccessible for most SMEs. matchfac eco’s lightweight PCF engine delivers equivalent outputs instantly, with no carbon expertise required on the buyer’s side.

Four Core Capabilities

  • Low-Carbon Factory Matching — AI-powered recommendations rank partner factories by carbon efficiency, not just price and lead time, enabling buyers to make environmentally informed sourcing decisions from the first step.
  • Automated PCF Calculation — Real-time Scope 2 (manufacturing electricity) and partial Scope 3 (logistics) carbon footprint calculation, mapped to international emission factor databases and tailored to Vietnam-Korea cross-border production.
  • Integrated Production Dashboard — A single interface manages the full manufacturing lifecycle: prototype, mass production, quality inspection, and logistics — with carbon data updating automatically at each stage.
  • Global Compliance Guide — Built-in CBAM and ESG regulatory tracking, with auto-generated carbon report drafts ready for submission to EU customs authorities or ESG disclosure frameworks.

Why Vietnam, Why Now

Vietnam has become a primary manufacturing hub for Korean exporters, yet the country’s factory energy data remains largely opaque. Zeroto100 INC. has spent years building direct relationships with Vietnamese manufacturers — verifying production capacity, quality systems, and energy usage on the ground. This foundation gives matchfac eco a data advantage that cannot be replicated from public databases alone.

“The data doesn’t come from a desk. It comes from the factory floor,” said Jung. “That’s what makes our carbon figures credible and immediately actionable.”

Company Background

Zeroto100 INC. was founded by Heejin Jung, who holds a degree in Living Design from Konkuk University and brings nine years of product design and overseas manufacturing experience, including roles at Aseong Daiso and a track record of 36+ completed OEM/ODM projects across Vietnam, China, and Korea. The company holds a registered system patent for its manufacturing project management system and has been selected for the 2026 Korea Green Youth Entrepreneurship Spring Camp, supported by the Korea Environment Industry & Technology Institute (KEITI) under the Ministry of Climate and Environment.

matchfac eco is currently accepting beta partner factory registrations and early-access enterprise inquiries.

For more information, visit: https://matchfaceco.com/ 

Media Contact

Organization: Zeroto100 INC.

Contact Person: Heejin Jung, CEO

Website: https://matchfaceco.com/

Email: Send Email

City: Daejeon

Country:South Korea

Release id:47665

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Press Release

DID Global Launches DG Partners, Offering Partners Lifetime Revenue Share of Up to 7% Per Referred Client

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Kyiv, Ukraine, July 29th, 2026, FinanceWire

New affiliate program pays partners for as long as a referred client stays with DID Global, with no cap on duration

DID Global, a cloud telephony and virtual number infrastructure provider operating in more than 180 countries, has launched DG Partners, an affiliate program offering partners lifetime revenue share of up to 7% on every referred client for as long as that client remains active with the company. Unlike a one-time referral bonus, payouts under DG Partners continue for the full duration of the client relationship, with no expiration date.

DG Partners is built for affiliate marketers, media buyers, and B2B partners who refer business clients to DID Global’s telephony and virtual number services. A partner’s earnings scale with how long a referred client stays active, rather than stopping after a single payout.

“We didn’t want another program where you get paid once and move on,” said Max Yablonskyi, CMO at DID Global. “If someone brings us a client who sticks around for years, that partner should keep getting paid for years too. That’s the whole idea behind DG Partners.”

Partners who join DG Partners get referral tracking, dedicated account support, and the lifetime revenue share structure from day one. DID Global said the program is aimed at partners already active in telecom, fintech, iGaming, and related referral networks, where demand for reliable cross-border telephony and virtual number coverage continues to grow.

About DID Global

DID Global provides local phone numbers, cloud PBX, and SIP trunking to businesses in more than 180 countries, with connections typically live within 15 minutes of signup and a published uptime of 99.9%. The company serves more than 3,000 business clients, working with fintech, e-commerce, and call center clients on number reputation management and cross-border telephony infrastructure, with transparent per-country pricing. More information is available at didglobal.biz/en.

About DG Partners

DG Partners is DID Global’s affiliate and referral program, offering revenue share to partners who refer business clients to DID Global’s telephony infrastructure. More information is available at dgp.club.

Contact

Kateryna Khelemendyk
DID Global
khelemendyk.kateryna@didglobal.biz

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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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