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
Moorbridge Cyber Security Cracks Major Crypto Theft Case Leveraging Advanced PT and Threat Isolation Tools to Recover Stolen Assets

In a breakthrough that underscores the escalating battle between cybercriminals and modern digital defenders, Moorbridge Cyber Security headquartered at Newstead House, Pelham Road, Nottingham, UK has successfully recovered a large amount of stolen cryptocurrency for a private firm, marking one of the year’s most impressive crypto theft turnarounds.
The case began when the victim company discovered that a hacker had infiltrated its digital wallet infrastructure and siphoned off a substantial sum of cryptocurrency. The attacker attempted to cover their tracks by routing the stolen assets through a maze of blockchain addresses, a tactic that in many situations leaves victims with little chance of recovery.
However, the company’s decision to bring in Moorbridge Cyber Security shifted the course of the investigation entirely.
High Velocity Investigation Powered by PT and AI Driven Threat Isolation
Upon receiving the case, Moorbridge deployed a combination of its elite Penetration Testing PT intelligence, Server Defence systems, and Threat Isolation AI tools. These technologies allowed investigators to retrace the attacker’s movements, identify exploited vulnerabilities, and track the stolen funds across several blockchain networks.
“Blockchain is far more transparent than criminals assume,” a Moorbridge analyst noted. “When you combine live PT diagnostics with real time threat isolation AI, every movement leaves a trail.”
The company’s Server Defence division also secured the compromised infrastructure, preventing further unauthorized access while the recovery operation was underway.
DRaaS Ensures Business Continuity Throughout the Crisis
To stabilize the affected company’s operations during the investigation, Moorbridge initiated its Disaster Recovery as a Service DRaaS framework. This enabled the client to restore affected systems, re establish secure access points, and maintain operational continuity while forensic work was carried out.
This layered strategy ensured both business stability and precise investigative conditions, forming a crucial part of the recovery success.
A Major Win in an Expanding Digital Arms Race
The operation led to the recovery of a significant portion of the stolen cryptocurrency, an achievement that stands out in a landscape where stolen digital assets often vanish permanently.
This success strengthens Moorbridge’s reputation as a leading authority in crypto asset recovery, cyber forensics, advanced server defense, and blockchain security across the United Kingdom and beyond.
As cyber threats grow more sophisticated and digital assets increase in value, analysts highlight the pressing need for businesses to adopt advanced PT practices, hardened server setups, AI powered threat isolation, and dependable disaster recovery systems.
Reinforcing the Future of Digital Protection
Moorbridge Cyber Security has indicated plans to expand its investigative and recovery technologies, including new AI enhanced forensic engines and more advanced DRaaS capabilities for large scale enterprise environments.
With digital finance becoming a core part of modern business operations, Moorbridge’s latest achievement serves as a strong reminder that cybercriminals may be evolving, but so are the defenders committed to stopping them.
To learn more, visit www.moorbridgecyber.com
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
Moorbridge Cyber Security Recovers Crypto – National Agencies Can’t or Won’t?

Moorbridge Cyber Security leverages cutting-edge AI developments and computer forensic science to help clients recover cryptocurrency from both FX exchanges and online wallets. The organization works with leading providers of blockchain solutions and employs advanced programming of AI-driven software, on-chain analysis, penetration testing, and investigative research to track and recover digital assets.
Recognized in the field as a leader in computer forensics, Moorbridge uses sophisticated analytical methods to gather cyber evidence. The company offers round-the-clock security services, training, and cyber risk management to financial managers, traders, cryptocurrency reserves, blockchain organizations, and other individuals exposed to digital threats.
Their expertise has prevented numerous security breaches, malware attacks, and fraudulent schemes. Every cybercrime can be traced and investigated with the company’s support. To ensure transactions remain safe, Moorbridge Cyber Security provides crypto forensic services to businesses, regulators, law enforcement, and private clients.
The cryptocurrency market is projected by top crypto firms to be worth billions of dollars, but cybercrime continues to threaten digital assets. Handling millions in assets, the organization investigates specific crypto addresses, transactions, and entities, linking them to real-world perpetrators while providing insights into vulnerabilities and potential attack vectors.
Moorbridge Cyber Security creates detailed network visualizations of wallets and their internal transactions. Through its Exposure Trails, clients can explore actionable intelligence in a visual format, revealing patterns, anomalies, and suspicious activity. The company provides comprehensive guidance on all aspects of digital forensics, penetration testing, and secure asset recovery.
Furthermore, the team works directly with clients to understand their digital security challenges and support recovery from compromised online wallets and other digital cryptocurrency resources. Their technical experts quietly combine investigative skill, cyber expertise, and AI-driven analysis to deliver precise results across multiple sectors.
About Moorbridge Cyber Security
Founded in 2016, Moorbridge Cyber Security Limited is a trusted player in digital forensics. Sometimes referred to as “computer forensic science,” it provides crypto forensic services, AI-assisted investigations, penetration testing, and cybercrime tracking. Investigation specialists collaborate closely with clients to fully understand their needs and respond to cyber threats or security incidents.
Potential clients can connect with the team through their official website: www.moorbridgecyber.com
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
BusinessFig Explores Imagix Crystal Ball Frenzy
News outlets report soaring demand for the Imagix Crystal Ball, with scalpers listing it for over $450 as stores sell out. Imagix urges shoppers to avoid resellers and buy only from BestBuy.com as more stock becomes available.
New York, NY, United States, 22nd Nov 2025 — BusinessFig.com, a leading business and consumer trends news platform, has published a featured report on the soaring demand for the Imagix Magic Crystal Ball Companion, a holographic smart toy emerging as one of this year’s most coveted holiday items. The full article is available HERE


The BusinessFig.com story details unnervingly long lines at Best Buy stores, frequent sellouts, and resellers listing the product for more than four hundred fifty dollars on online marketplaces. The coverage includes statements from an Imagix spokesperson urging consumers to avoid third-party sellers and to purchase directly through BestBuy.com if local store stock is gone. Additional shipments are confirmed to be arriving throughout the holiday season.
Beyond the resale frenzy, the article examines the appeal of the Imagix Crystal Ball Companion: advanced holographic display, interactive character companions, and a screen-free play format that resonates with both children and parents. BusinessFig.com identifies the product as a standout in this year’s competitive toy market and a heralded example of how innovation is driving holiday must-haves.


About BusinessFig.com
BusinessFig.com is a digital news outlet covering business trends, retail innovation and consumer technology. The platform delivers actionable insights and high-visibility reporting for industry executives, marketers and everyday consumers alike.
About Imagix
Imagix is the company behind the Imagix Magic Crystal Ball Companion, an advanced holographic interactive toy available at BestBuy retail locations and BestBuy.com.
Media Contact
Organization: BusinessFig.com
Contact Person: Gina Rathbourne
Website: http://businessfig.com/
Email: Send Email
Contact Number: +17325631832
Country:United States
Release id:37626
The post BusinessFig Explores Imagix Crystal Ball Frenzy 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 Release6 days ago
Promax Pogo Pin Offers Robust Pogo Pin Keyboards for Enhanced Input Precision
-
Press Release6 days ago
Company Fyllo Expands Company Registration Services Across 5 Major Cities in South India – Bangalore, Chennai, Coimbatore, Madurai & Trichy
-
Press Release5 days ago
Poseidon Boat Achieves Landmark Lloyd’s Register Certification for 10-Meter Aluminum Catamaran Patrol Boats
-
Press Release6 days ago
Quantari Exchange Emerges as a Global Digital Asset Powerhouse: Redefining Real-Time Trading, Instant Contracts, and the Future of Digital Gold
-
Press Release4 days ago
Tradeview Markets Celebrates Major Success at Jeddah Fintech Week 2025, Organized Under the Patronage of His Royal Highness Prince Dr. Saif Al-Islam Bin Saud Bin Abdulaziz Al Saud
-
Press Release1 week ago
Nelson Kamwaro Leads Imara Avocado Factory in Strategic Partnership with Makueni Farmers to Boost Avocado Production
-
Press Release1 week ago
Otter Oasis Unveils New Web3 Ecosystem on Base, Blending Blockchain Innovation With a Real-World Eco Holiday Park Vision
-
Press Release2 days ago
Axivra Pro Records Over $800 Million in Institutional Volume in Its First Month; Quant Activity Up 90%
