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Glory Star expected to further increase profitability

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4 years ago

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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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SEOPressReleaseService.com Launches SEO-Focused Press Release Distribution With Foundational Backlink Support

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8 hours ago

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February 5, 2026

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SEOPressReleaseService.com has launched a press release distribution platform built to support search visibility and brand authority. The service focuses on SEO-aligned press releases that generate broad link coverage, supported by foundational backlinks, fast delivery, indexing submission, and clear reporting.

United States, 5th Feb 2026 — SEOPressReleaseService.com announced the launch of its press release distribution platform built to help businesses improve search visibility through consistent media coverage and SEO-aligned press releases.

The service is designed for companies that want press releases to support search performance, not just announcements. Each release is written and distributed with search engines in mind, helping generate brand signals and link coverage across established media and news platforms.

On average, a single distribution generates approximately 450 to 600 backlinks pointing to a client’s website. These links help reinforce brand authority and online presence rather than serving as traditional outreach or journalist-led PR.

Alongside press release distribution, SEOPressReleaseService.com also offers foundational backlink services. These links support long-term SEO by helping search engines identify a website as legitimate, established, and active. Foundational backlinks are often used to strengthen brand profiles and support press release coverage.

The platform is based on workflows developed through agency SEO operations and is offered as a standalone service. Indexing submission is included to help releases and links appear in search results more quickly.

SEOPressReleaseService.com provides fast turnaround, clear service-based pricing, and transparent reporting. Clients receive documentation of distributed releases and delivered links.

About SEOPressReleaseService.com

SEOPressReleaseService.com provides SEO-focused press release distribution and foundational backlink services for businesses seeking stronger search visibility and brand authority. Services are built from proven agency workflows and include indexing support and transparent reporting.

Media Contact

Organization: SEOPressReleaseService.com

Contact Person: Calder Whitby

Website: https://www.seopressreleaseservice.com/

Email: Send Email

Country:United States

Release id:41050

The post SEOPressReleaseService.com Launches SEO-Focused Press Release Distribution With Foundational Backlink Support 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

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The Bougees Expands Premium Leather Collection with Focus on Handcrafted Quality and Modern Design

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8 hours ago

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February 5, 2026

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The Bougees has expanded its premium leather apparel collection with a renewed focus on handcrafted quality, authentic materials, and modern design aesthetics. The update includes refined leather pants, shirts, jackets, and outerwear crafted from 100% genuine sheep or lamb leather, addressing growing consumer demand for durable, versatile wardrobe pieces that transition seamlessly across casual and professional settings.

Queens, NY, United States, 5th Feb 2026 – The Bougees announces an updated leather apparel range featuring 100% genuine sheep and lamb leather, handcrafted construction, and contemporary silhouettes designed for versatile, long-term wear.

Commitment to Authentic Materials and Craftsmanship

The collection emphasizes material transparency and construction quality. Each piece uses 100% genuine sheep or lamb leather, selected for its refined drape, lighter weight, and natural movement compared to heavier hides. This material choice supports both comfort and durability, allowing garments to develop character over time while maintaining their structural integrity.

Handcrafted construction remains central to The Bougees’ production approach. Clean seams, reinforced stitching, and carefully placed panels ensure garments maintain tailored profiles and integrate smoothly with existing wardrobe staples. The brand blends traditional leather-working techniques with contemporary silhouettes, including biker-inspired elements that add edge without overwhelming modern aesthetics.

“Our goal is to provide customers with leather apparel that elevates everyday outfits through superior materials and thoughtful construction,” said a company representative. “We’re focused on pieces that work across multiple occasions and deliver long-term value.”

Modern Design for Versatile Wardrobes

The updated collection addresses practical styling needs while maintaining premium finishes. Key pieces include the 501 Style Leather Pant, designed with a streamlined silhouette that pairs with both fitted and relaxed tops, and the Carissa Women’s Black Belted 3/4 Long Leather Coat, which adds structure and definition when layered over leather separates or other garments.

Design principles emphasize balance, proportion, and color coordination. The collection features classic black options alongside neutrals such as brown, tan, and deep charcoal, allowing for monochrome looks or controlled contrast. Finishes range from matte to subtle sheen, providing options for different settings and personal preferences.

The brand’s approach prioritizes fit and mobility. Leather pants feature appropriate rise and leg room to ensure comfortable movement, while shirts are constructed with attention to shoulder alignment and sleeve length. This focus on proper fit addresses common concerns about leather apparel comfort and wearability.

Expanding Product Range and Customer Support

The Bougees currently offers Men’s Leather Jackets, Men’s Leather Pants, Women’s Leather Shirts and Jackets, Women’s Leather Trousers, and Leather Chaps. This comprehensive range allows customers to build coordinated outfits with consistent quality standards and complementary design elements.

The brand provides detailed product information to address authenticity concerns and sizing questions, recognizing that informed purchasing decisions lead to greater customer satisfaction and garment longevity. Care guidelines accompany each piece, covering proper storage, cleaning, and conditioning to maintain leather’s appearance and performance over time.

Brand Philosophy: Redefining Fashion Excellence

The Bougees positions itself around the concept of “Redefining Fashion Excellence” through a combination of premium materials, skilled craftsmanship, and timeless design. The brand aims to offer leather apparel that looks elevated with minimal styling while developing unique character through regular wear.

This philosophy extends to construction durability and aesthetic longevity. Rather than following seasonal trends, The Bougees focuses on silhouettes and finishes that remain current across multiple years, supporting sustainable wardrobe building and reducing the need for frequent replacement.

Availability and Purchase Information

The expanded collection is available now at thebougees.com. Customers can explore the full range of leather pants, shirts, jackets, and outerwear, with detailed sizing information and material specifications provided for each item.

For buyers seeking premium leather apparel for modern wardrobes and long-term wear, The Bougees offers handcrafted pieces that balance traditional quality with contemporary styling. The collection supports versatile outfit-building for casual, professional, and evening occasions.

Media Contact

Organization: TheBougees

Contact Person: Nasir

Website: https://www.thebougees.com/

Email: Send Email

Contact Number: +13479548786

City: Queens

State: NY

Country:United States

Release id:40712

The post The Bougees Expands Premium Leather Collection with Focus on Handcrafted Quality and Modern Design 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

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Integrated Learning Systems ILS Announces Strategic Focus on Leadership Training for 2026

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8 hours ago

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February 5, 2026

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Integrated Learning Systems ILS, a leading provider of corporate training and development solutions, today announced its strategic focus on leadership training for 2026, building on its Silver Award win in the “Best Management Training Provider” category at the HR Vendors of the Year 2025 Awards.

Singapore, Singapore, 5th Feb 2026 – The announcement marks an evolution in ILS’s service offerings as the company deepens its commitment to developing transformational leaders across all organizational levels. This strategic pivot comes after the company was recognized both as a Silver Award winner for management training and as a finalist in the “Best Leadership Development Consultancy” category at the prestigious award ceremony held in Singapore on 7 November 2025.

“We see a clear and urgent need for stronger leadership bench strength across industries,” said Jessica Choo, Founder of ILS. “Our recent recognition at the HR Vendors of the Year Awards reaffirms that our methodologies work.” We are consolidating our expertise and expanding our leadership offerings to help organisations navigate increasingly complex operating environments.”

The enhanced leadership focus will complement ILS’s established suite of management development programs, growth mindset transformation, vertical development frameworks, and future readiness workshops. The company plans to introduce new leadership-specific curricula that integrate these proven methodologies with emerging best practices in leadership development.

ILS’s integrated approach combines growth mindset principles, vertical development frameworks, and future-readiness methodologies to deliver holistic learning experiences with measurable impact. This comprehensive methodology has enabled the company to serve over 1,000 corporate clients and empower more than 150,000 learners across Asia, the Middle East, and Europe.

The company’s clients span multinational corporations and local enterprises across diverse industries, all seeking to develop robust leadership pipelines and strengthen their organizational capabilities in an increasingly volatile business landscape.

“Leadership development is not a ‘nice to have’. It is the foundation of organisational transformation,” Choo added. “Our work in 2026 will focus on equipping leaders to think more critically, act more decisively, and enable higher performance across their teams.”

For more information about ILS’s leadership training programs and services, please visit ilsperformance.com or contact insights@ilsperformance.com.

About Integrated Learning Systems (ILS)
Integrated Learning Systems (ILS) specializes in corporate training and development with a focus on leadership development, growth mindset, vertical development, and building future-ready capabilities. With over 1,000 corporate clients served, ILS has empowered more than 150,000 satisfied learners across Asia, the Middle East & Europe. In 2025, ILS was awarded Silver for “Best Management Training Provider” and recognized as a finalist for “Best Leadership Development Consultancy” at the HR Vendors of the Year Awards.

Media Contact:
Integrated Learning Systems
9 Tampines Grande #02-00
Asia Green, Singapore 528735
+65 9745 5771
insights@ilsperformance.com

Media Contact

Organization: Integrated Learning Systems (ILS)

Contact Person: Jonathan Tan

Website: https://ilsperformance.com

Email: Send Email

Contact Number: +6597455771

Address:9 Tampines Grande

Address 2: #02-00 Asia Green, Singapore 528735

City: Singapore

Country:Singapore

Release id:41039

The post Integrated Learning Systems ILS Announces Strategic Focus on Leadership Training for 2026 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

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