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
Christopher DeVon Exposes the Rising NPD Issues in America
Some books inform, and some books awaken. Exposed: Unveiling the NPD Crisis in the USA by Christopher DeVon does both with fearless honesty. It is not just a personal story; it is a mirror held up to a silent epidemic spreading through modern society, narcissistic personality disorder, and the devastation left in its wake. DeVon’s journey through betrayal, loss, manipulation, and faith-driven restoration reveals how parasitic narcissism has become one of the most destructive emotional plagues of our time.

Drawing from years of personal torment, legal battles, and profound reflection, Christopher DeVon unveils a hidden world where emotional abuse, false accusations, and character destruction go unspoken, especially when men become the victims. From the peaceful days of his marriage and the tragic passing of his wife to the emotional chaos that followed, DeVon’s story unfolds with painful clarity. His encounter with a woman he calls Lisa becomes the center of the storm, a relationship that begins with allure and ends in psychological warfare. Through vivid moments of manipulation, false accusations, and relentless emotional turmoil, DeVon exposes how narcissistic abuse traps its victims in confusion and despair, often feeling impossible.
The book traces every stage of that descent, from shattered foundations of love and loss to the cycle of control and chaos that consumes even the strongest spirits. His experiences in Los Angeles, Kansas, and Hawaii form more than geographical settings; they become symbolic battlegrounds between truth and illusion, good and evil. Each chapter reveals a deeper layer of how toxic personalities prey on empathy, distort perception, and weaponize vulnerability. DeVon’s writing is raw and unfiltered, but also deeply spiritual. He credits his faith in God for pulling him from the brink, reminding readers that no darkness can overpower divine light.
At its heart, Exposed is more than a personal testimony; it is a public call for awareness. DeVon shines light on how men, too, can become victims of emotional and physical abuse, often silenced by stigma and disbelief. The statistics he shares are staggering, yet his voice cuts through the numbers with something more powerful, lived truth. His candor challenges societal assumptions and demands that justice, empathy, and accountability replace shame and silence.
Beyond recounting trauma, DeVon turns his pain into purpose. The later chapters evolve into a guide for survival and recovery, teaching readers how to spot red flags, establish boundaries, and reclaim their lives after manipulation. He blends psychological insight with spiritual wisdom, crafting a roadmap toward freedom that only someone who has lived it could write.
Christopher DeVon’s life, once defined by loss and betrayal, now stands as a testament to endurance, clarity, and faith. His words extend hope to anyone trapped in toxic cycles, offering reassurance that healing is not only possible but necessary. Exposed: Unveiling the NPD Crisis in the USA does not seek sympathy; it seeks change. It urges readers to look beyond appearances and confront uncomfortable truths about the relationships that shape their lives.
Available now on major platforms, Exposed is a gripping and essential read for anyone ready to understand, recover, and rise above the epidemic of narcissistic abuse.
Media Contact
Organization: Lisa Pilson Derrick Frum
Contact Person: Lisa Pilson Derrick Frum
Website: http://christopherdevon.com/
Email: Send Email
Contact Number: +19712607257
Country:United States
Release id:36595
The post Christopher DeVon Exposes the Rising NPD Issues in America 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
Companionship Is the Greatest Value: How 81EX Builds Long-Term Trust with Its Users
In a rapidly changing digital landscape, 81EX has always believed that a platform’s true value lies not only in offering functions but in becoming a long-term, trustworthy companion for its users.
Companionship Is the Greatest Value: How 81EX Builds Long-Term Trust with Its Users
In a rapidly changing digital landscape, 81EX has always believed that a platform’s true value lies not only in offering functions but in becoming a long-term, trustworthy companion for its users.

Since its establishment in 2022, 81EX has adhered to a “user-first” development philosophy, creating a stable, sustainable, and easy-to-use digital service platform.
Rather than being a tool that simply stacks features, 81EX aims to grow together with its users, forming an ecosystem built on lasting trust.
1. Understanding User Habits and Lowering Barriers to Entry
81EX’s product design revolves around real user habits, especially focusing on accessibility for beginners.
From registration and identity verification to feature guidance, every step follows the principles of “easy to understand and easy to use.”
The platform’s Instant Contract product is a direct embodiment of this philosophy — with a clean process, clear interface prompts, and intuitive logic, it’s ideal for users who want to quickly learn and experience trading strategies.

81EX eliminates redundant complexity, using simple navigation and an intuitive interface to help users quickly build familiarity and trust.
The platform believes that when users feel they can “understand,” “dare to try,” and “want to keep using,” that’s the true beginning of a great user experience.
2. Product Structure That Supports User Growth
81EX doesn’t settle for one-time functionality. Instead, it adopts a “growth-oriented product architecture” that serves users at every stage of their trading journey.
From basic spot trading to strategy tools, instant contracts, and diversified combination products, users can freely switch tools based on their goals and preferences.
The Instant Contract — one of 81EX’s flagship products — has been widely embraced for its fast rhythm, clear logic, and flexible risk control.
In addition, 81EX offers seamless integration across web and mobile platforms, with data visualization and asset analysis tools to help users refine their operations and decision-making.
This structural design enables users to transition from “trying” to “strategizing and optimizing,” realizing personalized growth through consistent use.
3. Stability and Service: The Foundation of Long-Term Trust
A platform truly worthy of trust must be built upon what’s “invisible” — system stability, security mechanisms, and service systems — and these are areas 81EX continuously invests in.
It has developed a high-performance matching engine, multi-factor authentication, and automated risk control models to ensure smooth operation and account safety.
At the same time, 81EX provides 24/7 multilingual customer support, covering multiple time zones, ensuring users receive timely help whenever needed.
81EX believes trust is the core reason users stay, and that trust is earned through careful attention to every operational detail and consistent improvement.
4. Co-Building the Ecosystem: Every Participant Has a Role
81EX serves not only end-users but also strives to create a multi-win cooperative ecosystem.
Through a “General Agent + Broker + User” three-tier structure, the platform provides partners at every level with promotion rights, marketing materials, training support, and profit-sharing plans.
In addition, 81EX offers data feedback, user behavior analytics, and market insight tools to help partners enhance promotion efficiency and user retention.
The platform emphasizes long-term cooperation — not merely transactional promotion, but ecosystem co-creation and shared success.
5. 81EX Believes True Competitiveness Comes from Long-Term Companionship
In an industry where many platforms chase short-term explosive growth, 81EX’s philosophy is that “companionship matters more than speed.”
Instead of judging success by short-term data, 81EX focuses on whether users choose to stay, recommend, and continue using the platform.
81EX remains committed to long-termism, avoiding fleeting hype and focusing on steady service, product optimization, and real user feedback — building genuine, sustainable brand trust.

Looking ahead, 81EX will continue pursuing its mission to be “a long-term partner that users can truly rely on.”
It aims not to be the biggest, but the most trustworthy digital service platform — one that users can confidently depend on.
Media Contact
Organization: 81EX Exchange
Contact Person: Daxingpai
Website: https://www.81ex.org/
Email: Send Email
State: London
Country:United Kingdom
Release id:37551
The post Companionship Is the Greatest Value: How 81EX Builds Long-Term Trust with Its Users 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
NovumX Publishes New Asset Screening and Governance Framework to Strengthen Listing Transparency
The Denver-based trading platform introduces a structured multi-dimension review system and announces quarterly disclosure plans for listed digital assets.
NovumX from Denver has released its formal asset-screening and governance framework, outlining the methodology used to review and monitor cryptocurrencies listed on the platform. The new system evaluates technical foundations, market quality, security resilience, regulatory considerations, and issuer transparency. The announcement includes plans for quarterly disclosures on asset conditions, review outcomes, and risk observations — a step aimed at advancing transparency across digital markets.

A digital asset trading platform based in Denver has formally introduced its new asset screening and governance framework, marking a significant move toward establishing a more transparent listing environment for digital assets. According to the announcement, the framework is designed to guide the evaluation, onboarding, monitoring, and potential delisting of assets based on measurable standards.
The review process incorporates several structural dimensions. Technical evaluation focuses on code integrity, protocol maintenance, and the stability of underlying mechanisms. Market-related factors include liquidity behavior, trading depth, and potential signs of artificial volume. Security assessments cover historical vulnerabilities, audit completeness, and the responsiveness of issuers to identified risks. Regulatory considerations include jurisdictional exposure, legal clarity, and whether a project is subject to ongoing enforcement or compliance inquiries. A separate evaluation examines issuer communication, disclosure quality, and possible conflicts of interest.
Once listed, assets remain under continuous observation. The monitoring system tracks abnormal on-chain behavior, unresolved security concerns, deviations in liquidity patterns, and discrepancies between disclosed and observed data. If a material issue arises, the asset may undergo a formal re-evaluation process, and decisions on suspension or removal will be documented and subject to oversight procedures. Individuals with conflicts of interest do not participate in listing-related decisions, according to the release.
To further enhance public transparency, NovumX announced that it will begin publishing quarterly summaries covering asset health indicators, review outcomes, and risk categories identified during ongoing surveillance. These reports aim to provide users and market observers with regular insights into how listed assets are performing relative to internal standards.
The introduction of this framework represents a step toward aligning digital asset governance with more mature financial-market practices. The platform stated that additional enhancements, including upgraded monitoring tools and expanded data-sourcing capabilities, are planned for future implementation.
About the NovumX
NovumX, founded in 2025 and headquartered in Denver, operates a global digital-asset trading platform built on multi-chain infrastructure and multilayer security architecture. The platform emphasizes transparent governance, structured asset screening, and conflict-avoidance measures. Its monitoring systems support continuous review of technical, market, and regulatory conditions surrounding listed assets. NovumX maintains a technology-driven approach to operational integrity and long-term regulatory readiness.
Media Contact
Organization: NovumX
Contact Person: Henry Jo
Website: https://www.novumx.app/#/
Email: Send Email
Country:United States
Release id:37554
The post NovumX Publishes New Asset Screening and Governance Framework to Strengthen Listing Transparency 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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