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.
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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.
Maui, HI, 29th April 2026, ZEX PR WIRE — A West Maui & Molokai helicopter tour is one of the most awe-inspiring aerial experiences in Hawaii, offering a front-row seat to landscapes that are simply unreachable by land. From the moment you lift off, you’re immersed in a world of towering sea cliffs, hidden valleys, cascading waterfalls, and lush rainforests that stretch as far as the eye can see.
The journey begins over West Maui, where dramatic ridgelines and emerald-green mountains rise sharply from the coastline. As the helicopter glides through the valleys, you’ll witness waterfalls pouring down sheer rock faces—some appearing only after rainfall, making every flight a unique experience. The untouched beauty of this region feels almost prehistoric, giving you a sense of stepping into a lost world.
As the tour continues toward Molokai, the scenery becomes even more breathtaking. Molokai is home to some of the tallest sea cliffs in the world, soaring nearly 4,000 feet above the Pacific Ocean. From above, you’ll see massive waterfalls plunging directly into the ocean and deep valleys carved over millions of years. The isolation and raw beauty of Molokai create a powerful contrast to the more developed Hawaiian islands, making this portion of the flight truly unforgettable.
Throughout the tour, expert pilots provide guided narration, sharing insights about the history, geology, and cultural significance of the islands. With panoramic windows and smooth flight paths, every passenger gets a perfect view—ideal for capturing once-in-a-lifetime photos and videos.
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Whether you’re celebrating a special occasion, planning a romantic getaway, or simply looking to elevate your travel experience, a West Maui & Molokai helicopter tour delivers unmatched beauty, exclusivity, and unforgettable memories from the sky.
Contact
Business Name: Hawaii’s Private Helicopter Tour Service
Contact Name: Dujaun Hayles
Contact Number: 808-862-2279
Email: Dujaunhayles@gmail.com
Website: https://privatehelicoptertoursinhawaii.weebly.com/molokai-helicopter-tours.html
Tiktok: https://www.tiktok.com/@privatehelicoptertours/video/
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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.
Press Release
IPO Genie Nears 1.5M Dollars Raised as Demand Accelerates for Tokenized Pre-IPO Opportunities
United States, 29th Apr 2026 – IPO Genie, an emerging blockchain-based investment platform, is approaching the $1.5 million mark in its ongoing crypto presale, reflecting growing interest in tokenized access to private markets. The milestone highlights a broader shift in investor behavior as digital assets increasingly intersect with traditional finance, particularly in the area of pre-IPO opportunities.
The platform is designed to provide structured access to private-market deals that have historically been limited to institutional investors and high-net-worth individuals. By integrating blockchain infrastructure with AI-driven analysis, IPO Genie aims to streamline how users discover, evaluate, and participate in early-stage investment opportunities.
The rise in participation comes at a time when crypto presale models are evolving beyond speculative tokens toward utility-focused ecosystems. In this context, tokenized pre-IPO opportunities represent a growing category, offering exposure to companies before public listings through digital frameworks that emphasize transparency and accessibility.
IPO Genie’s approach centers on aggregating private-market data and presenting it through a structured workflow, including risk indicators, eligibility requirements, and deal-specific insights. This model reflects a broader trend toward data-driven investment tools within Web3, where automation and analytics play a larger role in decision-making.
At the same time, the increasing interest in pre-IPO opportunities within the crypto presale landscape underscores a shift toward earlier-stage participation. Investors are seeking exposure to potential growth phases that occur prior to traditional market entry, supported by platforms that reduce barriers to access.
While the sector continues to develop, the convergence of blockchain technology, artificial intelligence, and private equity access signals an ongoing transformation in how early-stage investments are approached. IPO Genie’s fundraising progress reflects this evolving demand, as tokenized models continue to reshape participation in private markets.
Media Contact
Organization: IPO Genie
Contact Person: Mark
Website: https://ipogenie.ai/
Email: Send Email
Country:United States
Release id:44531
Disclaimer: This press release is for informational purposes only and does not constitute investment, financial, legal, or regulatory advice. Readers should conduct independent research and consult qualified professionals before making any decisions.
The post IPO Genie Nears 1.5M Dollars Raised as Demand Accelerates for Tokenized Pre-IPO Opportunities 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.
Kuwait, 29th Apr 2026 – Ubuy, a leading global cross-border e-commerce platform, has been honoured with the prestigious “Cross-Border Brand of the Year” at the IReC X D2C Awards 2026 ceremony held at the Sheraton Grand Hotel, Bangalore.
The award recognises Ubuy’s consistent growth and its role in making international shopping more accessible for consumers across more than 180 countries. By reducing the barriers traditionally associated with cross-border commerce, Ubuy has enabled customers to shop globally with greater confidence and convenience.
Unlike traditional e-commerce models that are limited by geography or inventory, Ubuy operates on a cross-border commerce infrastructure that connects customers with a vast catalogue of international products. Its platform is powered by globally compliant systems that meet international standards for data handling, transactions, and operations, combined with intelligent sourcing and a robust logistics network supported by multiple global warehouses, enabling customers to shop from international markets with reliability and confidence.
“We are honoured to receive this recognition at IReC X D2C Awards 2026,” said Mr Dinesh, Director at Ubuy. “For us, this is not just about growth, it is about consistently delivering value to our customers by making international shopping more accessible, transparent, and reliable.”
To further strengthen the overall shopping experience, Ubuy continues to optimise key aspects of the customer journey. With faster international shipping enabled by its global logistics network, region-specific payment options, and a simplified return process, the platform removes common friction points associated with cross-border purchases. Its mobile applications extend this capability, allowing customers to seamlessly browse, track, and manage orders. This is supported by dedicated 24×7 customer assistance, ensuring a consistent and reliable experience across markets.
What sets Ubuy apart is its ability to give customers access to products that are often unavailable in their local markets, while handling the complexities of international shopping on their behalf. From sourcing products from global marketplaces to managing shipping, customs, and delivery, Ubuy simplifies the entire cross-border journey into a single, reliable experience.
About Ubuy:
Ubuy is the leading cross-border e-commerce platform trusted by millions of consumers worldwide. The company’s mission is to provide a seamless, authentic, and trusted shopping experience to its consumers.
Media Contact
Organization: Ubuy
Contact Person: Faizan Khan
Website: https://ubuy.com/
Email: Send Email
Contact Number: +96522204472/ 22055305
Address:Al Murqab, Block 3, Khalid Ibn Al Waleed Street,
Address 2: Mazaya Tower 3, Floor 22
State: Kuwait
Country:Kuwait
Release id:44497
The post Ubuy Wins Cross-Border Brand of the Year at IReC X D2C Awards 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
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.
Hawaii Helicopter Tours | West Maui & Molokai Helicopter Tour Experience
IPO Genie Nears 1.5M Dollars Raised as Demand Accelerates for Tokenized Pre-IPO Opportunities
Ubuy Wins Cross-Border Brand of the Year at IReC X D2C Awards 2026
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