Connect with us

Press Release

Glory Star expected to further increase profitability

Published

on

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.

Continue Reading

Press Release

NYALA VILLAS INTRODUCES WELLNESS-FOCUSED HOMES IN BALI’S NYANG NYANG CLIFFS

Published

on

Uluwatu, Bali, 17th Jan 2026, — High above the white sands of Nyang Nyang Beach, a new collection of villas is quietly taking shape. Nyala Villas has unveiled ten wellness-focused residences in one of Bali’s most unspoilt coastal settings, offering a slower, more considered approach to both living and investment. Set within protected green surroundings, the villas sit on the cliffs overlooking the Indian Ocean, where the sound of the waves and open skies shape daily life. While Nyang Nyang feels remote, it remains closely connected to Uluwatu and Bali’s wider lifestyle and short stay rental market, which continues to attract wellness travellers, surfers, and long-stay international visitors. Each villa has been designed around wellbeing rather than excess. Sunrise yoga decks, hot and cold plunge pools, saunas, outdoor rain showers, and private rooftop terraces are integrated into every home. Developed in collaboration with Swatch Architects, the design blends modern lines with natural materials and subtle Moroccan influences, creating spaces that feel calm, grounded, and in tune with their surroundings.

While lifestyle is central, Nyala Villas has also been carefully structured from an investment perspective. Early buyers will receive a 12% guaranteed net income for the first three years, subject to the project’s terms and conditions, with projected rental returns estimated between 12% and 18% thereafter. As Bali’s tourism market continues to evolve, demand for high-quality, wellness- oriented accommodation remains strong, particularly in quieter coastal locations

While lifestyle is central, Nyala Villas has also been carefully structured from an investment perspective. Early buyers will receive a 12% guaranteed net income for the first three years, subject to the project’s terms and conditions, with projected rental returns estimated between 12% and 18% thereafter. As Bali’s tourism market continues to evolve, demand for high-quality, wellness- oriented accommodation remains strong, particularly in quieter coastal locations. The project will be released through a private Launch Day model, offering early registrants priority access to the first allocation of villas.

This initial release includes a series of launch-only advantages, such as preferential pricing on selected units, an upgrade from fully furnished to turnkey, and a curated set of Bali experiences. These may include flights and a hosted handover stay, available exclusively during the initial allocation window. Launch pricing for the initial release starts from USD $199,000 for selected units, tied specifically to the private Launch Day allocation. Owners benefit from a fully managed experience, with an all-in management fee of 18% covering bookings, marketing, housekeeping, and ongoing maintenance. A dedicated online portal allows owners to track performance transparently, while one-, two-, and three bedroom layouts are delivered fully furnished and ready for personal use or rental. Beyond the development itself, Nyala Villas places emphasis on responsible growth. For every villa sold, the developer has committed to building a home for a local Balinese family, ensuring the project gives back to the community it becomes part ofTo learn more, visit nyalavillas.com

About Nyala Villas
Nyala Villas is a Bali-based property development brand focused on creating thoughtfully designed, wellness-led homes in distinctive coastal locations. The company combines contemporary architecture, natural materials, and lifestyle-driven amenities to deliver residences that support both mindful living and long-term value. Working with experienced architects and local partners, Nyala Villas prioritises sustainable development, transparent investment structures, and responsible community impact. Each project is carefully curated to appeal to modern homeowners and international investors seeking quality, calm, and authenticity in Bali’s evolving real estate market.

Media Contact

Organization: International Property Alerts

Contact Person: Kevin Wills

Website: https://nyalavillas.com/

Email:
wills@internationalpropertyalerts.com

Address:2F Makati Central Square, Fernando St, Don Chino Roces Ave, Legazpi Village

City: Makati

State: manila

Country:Philippines

Release id:40207

The post NYALA VILLAS INTRODUCES WELLNESS-FOCUSED HOMES IN BALI’S NYANG NYANG CLIFFS 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

file

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.

Continue Reading

Press Release

KBY Exchange Supports the Global Shift Toward Web3 Compliance Amid Rising Regulatory Standards

Published

on

Singapore, January 16, 2026 — As global regulators intensify oversight of digital finance and Web3-based financial infrastructures, compliance has rapidly shifted from an optional safeguard to a fundamental requirement for long-term viability. Recent industry data indicates that a significant majority of centralized digital finance platforms worldwide have now implemented comprehensive identity verification and customer due diligence frameworks, marking a critical milestone in the maturation of the Web3 ecosystem.

Against this backdrop, KBY Exchange is positioning itself as an active advocate for compliant, transparent, and sustainable digital finance development, supporting a future where Web3 innovation and regulatory frameworks evolve together—rather than in opposition.

From Ideals to Infrastructure: A Defining Moment for Web3

For more than a decade, early Web3 development emphasized openness, decentralization, and permissionless access. However, as digital finance systems expanded into large-scale, cross-border financial infrastructure, regulators worldwide were compelled to respond to increasing risks related to financial crime, sanctions exposure, and misuse of digital payment networks.

The implementation of FATF-aligned guidelines, the global rollout of cross-border transaction traceability requirements in nearly 100 jurisdictions, and a wave of high-profile enforcement actions have reshaped industry expectations.

 Today, compliance is no longer a limitation—it is the gateway to participating in global digital finance markets.

KBY Exchange views this transition not as a constraint, but as a necessary evolution toward a mature, resilient Web3 financial infrastructure.

Compliance as a Competitive Advantage

KBY Exchange aligns its operational framework with internationally recognized standards for AML controls, customer identification, and sanctions screening, reflecting a broader shift across the digital finance industry toward accountability and risk discipline. Key pillars include:

  • Robust identity verification and customer due diligence
  • Continuous transaction monitoring with risk-based controls
  • Alignment with global regulatory principles governing Web3 financial service providers

By embedding compliance at the infrastructure level, KBY Exchange supports long-term platform stability while enhancing user confidence and institutional readiness.

Restoring Trust After Market Turbulence

Recent years have demonstrated the cost of weak governance across the broader digital finance landscape. Enforcement actions and platform failures have exposed the systemic risks created by inadequate compliance frameworks and poor internal controls.

In response, institutional participants and professional users are increasingly prioritizing platforms that demonstrate transparent operations, clear accountability structures, and strong risk management practices.

KBY Exchange recognizes that trust has become the scarcest asset in Web3. Compliance is not only a regulatory obligation—it is a core requirement for users seeking security, predictability, and sustainable participation in digital finance ecosystems.

Bridging Web3 Innovation and Global Standards

Rather than viewing regulation as an obstacle, KBY Exchange supports a cooperative model in which technology enhances compliance efficiency. Advances in automated identity verification, AI-driven risk monitoring, and secure data governance enable platforms to meet regulatory expectations without compromising user experience.

This approach reflects a growing industry consensus:

 sustainable Web3 growth depends on harmonizing innovation with global standards, not avoiding them.

A Shared Responsibility for the Industry’s Future

As jurisdictions worldwide move toward unified licensing frameworks and stricter enforcement for Web3 financial activities, platforms that fail to adapt face increasing operational and reputational risk.

KBY Exchange calls on industry participants to treat compliance not as a burden, but as a shared responsibility—one that strengthens market integrity, supports institutional participation, and accelerates mainstream adoption.

In a Web3 era defined by accountability, KBY Exchange stands for a future where trust, transparency, and compliance form the foundation of global digital finance.

https://kby-ex.com

Media Contact

Organization: Wholy Digital

Contact Person: Media Relations

Website: https://wholyseo.com/

Email: Send Email

Country:Singapore

Release id:40250

The post KBY Exchange Supports the Global Shift Toward Web3 Compliance Amid Rising Regulatory Standards 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

file

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.

Continue Reading

Press Release

Merto Software Solutions Announces Strategic Expansion into API Integrations, Amazon SP-API Automation, and Technology Consulting

Published

on

United States, 17th Jan 2026 – Merto Software Solutions Ltd, also known as Merto Solutions, today announced a major strategic expansion of its services, strengthening its position as a leading UK software company specialising in custom software developmentAPI integrationsAmazon SP-API integrationtechnology consulting, and intelligent business process automation for organisations pursuing scalable growth and SME digital transformation.

The expansion reflects rising demand from businesses across retail logistics, eCommerce, finance, healthcare, and professional services seeking to reduce operational costseliminate manual data entry, and achieve long-term scalable growth through better system integration and smarter automation.

“Modern businesses are no longer limited by market opportunity, they are limited by disconnected systems and inefficient processes,” said a spokesperson for Merto Software Solutions. “Our mission is to connect those systems, automate the work between them, and provide the strategic guidance that allows companies to grow with confidence.”

Solving the Core Problem of Disconnected Systems

Across nearly every industry Merto supports, leadership teams face the same challenge: fragmented software stacks. CRMs, ERPs, accounting platforms, eCommerce systems, warehouse tools, and legacy platforms operate in isolation, forcing teams into repetitive manual work.

Merto’s expanded API integration services transform these fragmented environments into a single, automated operating system for the business.

Using secure REST API integrationGraphQL integrationSOAP API integration, and bespoke API development, Merto connects platforms including Salesforce, HubSpot, Shopify, Xero, SAP, QuickBooks, WooCommerce, and custom legacy systems.

Typical client outcomes include:

  • 75 per cent reduction in manual work
  • 10x faster real-time data synchronisation
  • 99.9 per cent uptime reliability
  • Significant decreases in processing errors and administrative cost

These system integration services enable companies to move faster, operate more efficiently, and support long-term SME digital transformation.

Leadership in Amazon SP-API Integration and Amazon Automation

As part of its expansion, Merto Solutions is strengthening its position as a specialist provider of Amazon API integration and Amazon SP-API automation, serving Amazon sellers, vendors, freight partners, certifiers, and service providers.

Merto is a member of the Amazon Ads Partner Network and delivers advanced Amazon marketplace integration solutions including:

  • Amazon inventory sync
  • Amazon order automation
  • Amazon reports automation
  • Amazon FBA automation
  • Shopify Amazon integration and WooCommerce Amazon sync

Clients consistently achieve:

  • 90 per cent reduction in time spent on reporting
  • 99 per cent fewer order synchronisation errors
  • 40x faster fulfilment operations

Through secure permissions, resilient automation pipelines, and enterprise-grade infrastructure, Merto enables Amazon businesses to scale without adding headcount or increasing risk.

Technology Consulting That Prevents Costly Mistakes

Merto’s expanded technology consulting UK practice provides independent,

vendor-neutral technology advice to founders and leadership teams across the UK and internationally.

Services include:

  • Architecture review and software architecture planning
  • Systems integration roadmap design
  • Automation consulting and workflow automation strategy
  • Cost and ROI modelling
  • Risk assessment and mitigation
  • Scalable infrastructure planning
  • IT strategy for SMEs
  • 90-day delivery planning

Each engagement delivers clear, actionable reports that support confident decision-making and sustainable digital transformation.

Custom Software Development Built Around the Business

Alongside integration and consulting, custom software development UK remains central to Merto’s offering.

Merto builds bespoke software solutions, from MVP development to full enterprise software development, including custom web applicationsmobile app development UK, SaaS platforms, and complex internal systems.

Rather than forcing companies to adapt to generic software, Merto creates solutions that integrate seamlessly with existing tools, automate workflows, and scale with the organisation’s growth.

This approach has delivered measurable success for clients including Scan Global Logistics, Hague Global, My Personalised Events, Pulp, Fitly, Stortmill Recycling, Langley Motors, and many others.

Practical AI Automation for Measurable Results

While not positioned as an AI product vendor, Merto integrates AI automation and AI agents for business where they produce clear operational benefits. These include intelligent support routing, automated data entry, reporting assistants, and AI-powered solutions governed by client business rules.

All AI deployments include strict guardrails, audit logs, and secure fallback mechanisms to ensure reliability and compliance.

Positioned for the Next Generation of Digital Operations

With this strategic expansion, Merto Software Solutions positions itself as a long-term integration partner and software consultancy in Windsor, UK, delivering bespoke integrationseCommerce automation, and end-to-end digital transformation for growth-driven organisations.

“Merto exists to build the invisible infrastructure behind modern businesses,” the spokesperson added. “When systems connect properly and technology decisions are made with clarity, companies reduce costs, eliminate inefficiency, and unlock sustainable growth.”

Merto Software Solutions serves clients across the UK, Europe, and North America. For further information, visit https://mertosolutions.com

Media Contact

Organization: Merto Software Solutions

Contact Person: Harley Hutchinson

Website: https://mertosolutions.com

Email: Send Email

Country:United States

Release id:40262

The post Merto Software Solutions Announces Strategic Expansion into API Integrations, Amazon SP-API Automation, and Technology Consulting 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

file

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.

Continue Reading

LATEST POST