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Glory Star expected to further increase profitability

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5 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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Press Release

Lucky Hand Acquires Vane Capital to Expand Its Creative Economy Platform

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1 hour ago

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July 28, 2026

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New York, New York, July 28th, 2026, FinanceWire

Acquisition expands Lucky Hand’s agency financing capabilities and advances its strategy to build the leading working-capital platform for advertising, marketing, media, and creative businesses.

Lucky Hand Group (“Lucky Hand”), a specialty finance platform serving the creative economy, today announced the acquisition of Vane Capital, a specialty finance company providing working-capital financing for digital media, advertising and entertainment businesses across Europe and the United States. Terms of the transaction were not disclosed. Terms of the transaction were not disclosed.

The acquisition reinforces Lucky Hand’s position as a category-defining capital platform for agencies, production companies, media businesses, talent and creator-management firms, and other B2B service providers across the creative economy. Vane’s agency-finance technology, market expertise, and operating capabilities will be integrated into Lucky Hand’s platform, expanding its reach and deepening its capabilities across the United States and United Kingdom. Together, the combined platform has facilitated more than $700 million in total financing volume to date.

“Lucky Hand is building the capital infrastructure for the creative economy,” said Madelaine D’Angelo, Chief Executive Officer of Lucky Hand. “Creative businesses are among the most commercially important in the modern economy, yet traditional finance was never built around how they operate. Acquiring Vane strengthens our ability to lead this market and to deliver the financing platform the industry needs at scale.”

Founded in 2022, Lucky Hand provides non-dilutive, receivables-based financing structured around eligible invoices, contracted revenue, and other short-term receivables bridging the gap between completed work and client payment. The acquisition of Vane extends that platform further into the agency market and establishes a stronger foundation for Lucky Hand to expand its product set, customer base, and institutional capital partnerships.

“I am proud of what our team built at Vane and grateful for the trust placed in us by our clients, employees, investors and partners. Lucky Hand is the right strategic owner to build on that foundation and take the platform into its next phase of international growth,” said Grigoris “Greg” Dimitriou, Co-Founder and former CEO of Vane Capital.

Lucky Hand is targeting more than $200 million in receivables-based financing originations over the next 18 months.

Wellesley Hills Financial served as exclusive financial advisor to Vane Capital.

About Lucky Hand

Lucky Hand is a specialty finance platform providing non-dilutive, receivables-based financing to the creative economy—advertising agencies, marketing firms, media companies, production studios, influencer agencies, talent managers, and creators. By underwriting the quality of the receivable and the creditworthiness of the underlying brand payor, Lucky Hand offers flexible financing that traditional lenders often can’t provide, funding clients within 24–48 hours to strengthen cash flow and accelerate growth without diluting ownership.

About Vane Capital

Vane Capital, formerly known as BillFront, is a fintech company founded in 2015 by Grigoris “Greg” Dimitriou and Christopher Vogt. The company provides flexible working-capital financing solutions to digital media, advertising, and entertainment businesses. The company established local operations in Berlin, London, and New York and has financed businesses

Contact

Marketing
Lilian Smith
Lucky Hand Group
press@lukcyhand.capital

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Press Release

Puzzle Games Introduces a Growing Collection of Free Online HTML5 Puzzle Games for Every Skill Level

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1 hour ago

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July 28, 2026

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United States, 28th Jul 2026 – Puzzle Games, a leading destination for browser-based entertainment, is expanding its collection of free online puzzle games, offering players instant access to dozens of engaging titles without downloads, installations, or account registration. Designed for desktop, tablet, and mobile devices, the platform provides an accessible gaming experience for puzzle enthusiasts who enjoy challenging their minds anytime, anywhere.

As casual gaming continues to grow in popularity, browser-based HTML5 games have become a preferred choice for players seeking convenience and instant entertainment. Puzzle Games meets this demand by delivering a diverse library of high-quality games that load directly in modern web browsers, eliminating the need for software installation while maintaining smooth performance across devices.

The platform currently features more than 80 carefully selected games spanning a wide range of puzzle genres. Whether players enjoy solving intricate logic challenges, matching colorful tiles, discovering hidden objects, or expanding their vocabulary through word puzzles, Puzzle Games offers something for every age group and experience level.

Visitors can easily browse games by category, making it simple to find their favorite puzzle styles. Available categories include Block Puzzle, Escape, Hidden Object, Jigsaw Puzzle, Logic, Mahjong, Match 3, Merge, Number, Physics, Sorting, and Word games. This organized approach allows players to explore new experiences while returning to their preferred genres with just a few clicks.

Among the platform’s growing collection are popular titles such as Spellcano, Circuit Bloom, Tiltstone, Glowback, Slide & Seek, VOLTANGLE, Sum Surge, Word Petals, Lexivore, Nova Merge 2048, MergePulse 2048, Memorbit, Lumenfold, Numerift, Mossbit, Scramblitz, and many more. New games are added regularly, ensuring visitors always have fresh challenges to discover.

Unlike traditional downloadable games, Puzzle Games focuses entirely on HTML5 technology, making every title instantly playable across modern browsers. This browser-first approach enables seamless gameplay on Windows, macOS, Android, iPhone, and tablets without requiring plugins or additional software. Players simply visit the website, choose a game, and begin playing immediately.

The platform is also designed with user convenience in mind. A built-in search feature helps players quickly locate specific games, while dedicated sections for Popular and New releases highlight trending titles and the latest additions to the growing collection. This intuitive navigation enhances the overall user experience by making game discovery fast and enjoyable.

Beyond entertainment, puzzle games continue to attract millions of players because they promote problem-solving, concentration, strategic thinking, and memory development. Logic puzzles encourage analytical reasoning, word games help strengthen vocabulary, number puzzles exercise mathematical thinking, and hidden object games improve observation skills. Puzzle Games brings these cognitive challenges together in one easy-to-access online destination.

As more users seek quick gaming sessions during work breaks, travel, or leisure time, browser-based games have become increasingly valuable. Puzzle Games supports this trend by removing common barriers such as lengthy downloads, mandatory registrations, and device compatibility concerns. The result is an experience that prioritizes accessibility without sacrificing gameplay quality.

The expanding library reflects the platform’s commitment to serving both longtime puzzle fans and newcomers looking for enjoyable brain-training activities. From relaxing jigsaw puzzles to challenging escape games and strategic match-3 adventures, every visitor can find games suited to their interests and preferred difficulty level.

Puzzle Games also recognizes the growing demand for mobile-friendly gaming. Every HTML5 title is optimized to perform smoothly across smartphones and tablets, allowing users to enjoy uninterrupted gameplay whether they are at home, commuting, or traveling. Responsive design ensures that controls and visuals adapt naturally to different screen sizes.

With regular content updates, expanding game categories, and an emphasis on instant accessibility, Puzzle Games continues to strengthen its position as a trusted destination for free online puzzle games. The platform combines variety, convenience, and modern browser technology to create an engaging experience that appeals to casual gamers, families, students, and dedicated puzzle enthusiasts alike.

Players interested in exploring the latest collection of HTML5 puzzle games, logic games, word puzzles, match-3 games, block puzzle games, and free online brain games can visit Puzzle Games to start playing immediately—no downloads, subscriptions, or sign-up required.

For players looking to enjoy free online puzzle games instantly, visit https://puzzlegames.org  and explore a growing collection of HTML5 brain teasers, logic games, match-3 challenges, word puzzles, hidden object adventures, jigsaw puzzles, and more—all playable directly in your browser with no downloads or sign-up required. 

About Puzzle Games

Puzzle Games is a United States-based online gaming platform dedicated to providing free HTML5 puzzle games that can be played instantly in any modern web browser. Featuring more than 80 games across categories including logic, word, escape, hidden object, jigsaw, match-3, merge, physics, sorting, number, and block puzzles, the platform offers accessible entertainment for players on desktop, tablet, and mobile devices.

Media Contact

Organization: Puzzle Games

Contact Person: Puzzle Games

Website: https://puzzlegames.org/

Email: Send Email

Country:United States

Release id:47646

The post Puzzle Games Introduces a Growing Collection of Free Online HTML5 Puzzle Games for Every Skill Level 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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Press Release

Just Keepers Celebrate the New Season with Up to 70 Percent Off Uhlsport Goalkeeper Gloves

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1 hour ago

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July 28, 2026

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Hinckley, Leicestershire, United Kingdom, 28th Jul 2026 – Just Keepers celebrate the new season with up to 70% off selected Uhlsport goalkeeper gloves, giving football goalkeepers the opportunity to upgrade their equipment while making significant savings for a limited time. The promotion brings together premium goalkeeping products at competitive prices, making high-quality equipment more accessible to players of all ages and skill levels. 

The limited-time offer features a selection of Uhlsport goalkeeper gloves designed to deliver dependable grip, comfort and durability for both training sessions and competitive matches. Whether for grassroots football, academy players or experienced goalkeepers, the promotion offers an excellent opportunity to purchase quality gloves at substantially reduced prices. 

As a specialist retailer dedicated exclusively to goalkeeper equipment, Just Keepers continues to provide a comprehensive range of goalkeeper gloves, apparel, footwear and accessories from leading football brands. Customers can browse the discounted collection online and are encouraged to secure their preferred models and sizes while stocks last. 

The seasonal sale reinforces Just Keepers’ commitment to delivering value to goalkeepers while making specialist equipment more affordable throughout the football season. Players looking to refresh their gear can take advantage of the limited-time promotion before the featured products sell out. 

For more information about the seasonal promotion and the discounted collection, visit: https://www.just-keepers.com/goalkeeper-gloves/goalie-gloves/uhlsport-gk-gloves/ 

About Just Keepers 

Just Keepers is a UK-based specialist retailer dedicated exclusively to goalkeeper equipment. The company offers an extensive range of goalkeeper gloves, apparel, footwear and accessories from leading football brands, serving players of all ages and abilities. With a focus on quality products, expert advice and competitive pricing, Just Keepers has become a trusted destination for goalkeepers across the UK and internationally.

Media Contact

Organization: Just Keepers Ltd

Contact Person: Just Keepers Ltd

Website: https://www.just-keepers.com/

Email: Send Email

City: Hinckley, Leicestershire

Country:United Kingdom

Release id:47644

The post Just Keepers Celebrate the New Season with Up to 70 Percent Off Uhlsport Goalkeeper Gloves 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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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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