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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

Hisense Partners with FIFA for First-Ever Sensory-Inclusive FIFA World Cup™

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Consumer electronics and home appliance leader sponsors sensory inclusion initiative across all 16 host cities, helping fans with sensory sensitivities experience football’s biggest stage

QINGDAO, China – Hisense, a leading global home appliance and consumer electronics company, today announced a groundbreaking partnership with FIFA and KultureCity to support the first-ever Sensory Inclusive tournament at the FIFA World Cup 2026™.

Through this initiative, all 16 host stadiums across the United States, Canada, and Mexico will feature dedicated sensory rooms equipped with Hisense display technology. Designed for fans who experience sensory overload—including individuals with autism, PTSD, dementia, anxiety, and other conditions—these spaces will provide calming, supportive environments within the high-energy setting of match day.

Expanding Access to the Beautiful Game

Research indicates that an estimated 5% to 16.5% of people experience sensory processing challenges. For these fans, the intensity of live sporting events—the high energy of the crowd, sudden cheers, and ongoing movement—can make attending feel overwhelming or inaccessible. This initiative looks to change that, ensuring that more fans can experience the beautiful game in person.

“At Hisense, we believe every innovation should enrich every life,” said Catherine Fang, Vice President of Hisense Group. “This partnership reflects our commitment to ‘Innovating a Brighter Life.’ True innovation means turning technology into access—and ensuring no one is left on the sidelines.”

Sensory-Inclusive Infrastructure Across All 16 Stadiums

The initiative centers on two key components:

Sensory Rooms at Every Stadium: Each of the 16 venues will include a dedicated quiet space where fans can step away from match intensity to regulate their sensory experience. These rooms will feature dimmed lighting, reduced noise, comfortable seating, tactile resources, and Hisense displays presenting calming visual content. Hisense’s advanced screen technology delivers clear, balanced visuals designed to support relaxation and sensory regulation.

Stadiums will feature sensory rooms within the venue or in the Stadium Fan Experience area as part of the expanded stadium footprint. In eight stadiums, both options will be available to fans, and fans will have access to a space in every stadium during every minute of the game itself. These rooms extend access to calming spaces throughout the venue, recognizing that sensory needs can arise at any moment during the event experience.

Ticket Access: In partnership with KultureCity, Hisense will provide complimentary match tickets in each Host City to families with sensory needs who may otherwise be unable to attend.

Creating a More Inclusive Tournament

In addition, the sensory rooms complement FIFA’s broader accessibility efforts, including sensory bags and trained venue staff to support fans with diverse needs.

“Football unites the world, and it is our goal to help everyone be able to participate in this sport—whether as a player or as a fan,” said Heimo Schirgi, Chief Operating Officer of the FIFA World Cup 2026™.

The FIFA World Cup 2026™ will feature 104 matches across 16 cities over 39 days. For the first time in tournament history, every host stadium will include dedicated sensory-inclusive and accessible spaces—marking an important evolution in how global sporting events serve diverse audiences.

For more information about ticket applications through KultureCity, visit Hisense × KultureCity at FIFA World Cup 2026™ – KultureCity .

About Hisense

Hisense, founded in 1969, is a globally recognized leader in home appliances and consumer electronics with operations in over 160 countries, specializing in delivering high-quality multimedia products, home appliances, and intelligent IT solutions. According to Omdia, Hisense ranks No. 1 globally in the 100-inch and over TV segment (2023-2025). As The Origin of RGB MiniLED, Hisense continues to lead the next-generation RGB MiniLED innovation. As the official sponsor of the FIFA World Cup 2026TM, Hisense is committed to global sports partnerships as a way to connect with audiences worldwide.

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Press Release

The World’s First Global Energy Drink Ranking Accidentally Revealed Something Much Bigger

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What’s Actually in Your Energy Drink Depends on Where You Live

MONTREAL, QC – 21/05/2026 – (SeaPRwire) – A beverage expert spent six months collecting and assessing energy drinks from all six continents to create the world’s first objective global ranking of the category. But during the process, an unexpected discovery emerged: depending on the continent, energy drinks are fundamentally different products.

WORLDWIDE COLLECTION & ASSESSMENT

Pat Eckert, an internationally recognised German beverage professional and certified water sommelier, realised that nobody had ever created an objective global ranking of energy drinks. This was despite energy drinks being one of the world’s largest and most discussed beverage categories, while cars, phones, wines, films, and many other consumer sectors already have serious worldwide rankings.

So over roughly half a year, he and his team collected energy drinks from all six inhabited continents and assessed each one using the same professional 36-criteria framework, focused on measurable product quality, ingredients, transparency, and formulation standards. Top-performing products were submitted for laboratory testing and analytical verification. This became the Six Continents Index – built to be professional, rigorous, and objective.

The original goal was simple: to identify which brands objectively perform best worldwide.

However, during the assessment, another finding emerged almost accidentally: energy drinks are not really the same category across continents. Different regions follow very different product philosophies – from Europe’s strong focus on pasteurisation, to Asia’s preference for real sugar, to North America’s heavy reliance on artificial formulations, sweeteners and preservatives.

So the project ultimately became both the world’s first objective global energy drink ranking and a snapshot of how differently the category is formulated around the world.

The Shock FindingS

  • Europe goes natural. South America goes artificial.
    85.7% of European energy drinks were pasteurised, compared with 12% in North America and under 1% in South America.
  • Asia still uses real sugar. North America barely does.
    In Asia, 78.9% of energy drinks used real sugar. In North America: just 8%. They are effectively drinking a different product.
  • North America runs on sweeteners. The rest of the world mostly does not.
    84% of North American energy drinks relied entirely on artificial sweeteners. In Europe: just 4.2%. In Asia, Australia, South America, and Africa: almost none.
  • Australia vitaminizes. North America simplifies.
    Australian drinks averaged 4.2 vitamins per product, compared with just 2.9 in North America.
  • Aspartame is still used worldwide, especially in Africa
    Aspartame (classified by WHO/IARC as “possibly carcinogenic to humans” (Group 2B)), was used in 10.5% of products worldwide, with 43% of those aspartame-containing products found in Africa.
  • BPA-free labelling was almost invisible worldwide.
    Only 1.4% of the global sample clearly carried BPA-free labelling.
  • North America – the world’s largest energy drink market by revenue – ranked last overall among the six continents.

Europe pasteurises. North America sweetens artificially. Asia uses real sugar. Australia vitaminizes. Same category, completely different product philosophies.

GLOBAL BRAND NOTES

Among the many brands assessed across six continents, two stood out for reasons beyond the ranking. Red Bull was the only energy drink brand found in virtually every market assessed worldwide, while Japan’s Lipovitan-D was the oldest brand in the study, having been on the market since 1962.

HIGHEST-SCORING PRODUCTS

At the continental level, Europe achieved the highest overall score in the index. Australia & Oceania ranked second, followed by Asia in third place.

At brand level, HELL Energy from Hungary achieved the highest overall score for objective product quality in the index. Second place went to 28 BLACK from Germany, followed by TAKE OFF, also from Germany.

FULL FINDINGS

Further findings, methodology, and background information are available on request at www.sixcontinentsindex.com

ABOUT THE PROJECT

The Six Continents Index was led by Pat Eckert and his team. Eckert is a German certified water sommelier and independent beverage expert whose previous work has been featured by The Guardian, ABC News, The Telegraph, L’Express, Der Spiegel, and the BBC.

Assessed brands were not notified in advance, did not apply, and had no involvement in the evaluation. No paid participation, sponsorship, or commercial influence played any role.

MEDIA CONTACT

Brand: Fine Liquids

Contact: Pat Eckert

Email: pat@fine-liquids.com

Website: https://sixcontinentsindex.com

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Press Release

Techysquad Introduces Unified Forex CRM & Client Onboarding Platform for Modern Brokerages

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A single platform combining Forex CRM, automated client onboarding, and full brokerage workflow management — built for brokers who demand speed, compliance, and scale.

Dubai, UAE, May 21st, 2026 — Techysquad, a specialist provider of financial technology solutions, providing a unified Forex CRM platform — an integrated system combining client relationship management, client onboarding software, and brokerage automation under one roof. The platform is purpose-built for Forex brokers, prop trading firms, and financial services operators seeking to streamline operations, reduce onboarding friction, and accelerate client growth.

What Problem Does It Solve?

For years, brokerages have juggled disconnected tools — a standalone CRM here, a KYC portal there, manual onboarding workflows patched together with spreadsheets. The result is slow client activation, compliance risk, and lost revenue. Techysquad’s brokerage CRM eliminates this fragmentation entirely.

The platform delivers a complete, connected workflow: leads enter the system, move through automated KYC and document verification, get assigned to account managers, and are activated — all within a single interface. There is no data migration, no switching between platforms, and no manual handoffs.

Platform Highlights

The Techysquad Forex CRM platform is built around three core pillars. First, a full-featured brokerage CRM that tracks every client interaction, manages IB (Introducing Broker) relationships, and provides real-time pipeline visibility across sales and retention teams. Second, an end-to-end client onboarding software module that automates document collection, identity verification, account approval, and welcome communications — reducing activation time from days to minutes. Third, a brokerage automation engine that handles routine tasks including deposit and withdrawal processing, compliance alerts, reporting, and multi-level IB commission calculations without manual intervention.

Why This Matters For The Forex Industry

The global retail Forex market continues to expand, with new brokers launching across emerging markets and existing firms under pressure to improve client experience while containing operational costs. The best Forex CRM is one that doesn’t just store contacts — it drives revenue by shortening the journey from lead to funded account. Techysquad has engineered its platform with that outcome as the primary design principle.

“Brokers don’t have time to manage software — they need software that manages itself. That’s exactly what we built.”

Availability

The Techysquad Forex CRM platform is available globally with immediate access for new clients. Brokerages can request a demo or begin onboarding at techysquad.com. The team offers white-glove implementation support, custom integrations with leading MT4/MT5 trading platforms, and dedicated account management from day one.

About Techysquad

Techysquad is a financial technology company specialising in Forex CRM, client onboarding software, and brokerage automation solutions. The company serves retail and institutional brokers globally, providing technology that powers the full client lifecycle from acquisition through retention. For more information, visit techysquad.com.

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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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