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Glory Star expected to further increase profitability

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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

Valyra Exchange – Building a Next-Generation Digital Asset Ecosystem

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United States, 20th Apr 2026 – Valyra Exchange is designed as a next-generation digital asset trading platform built to address the limitations of traditional financial infrastructure. As blockchain technology continues to mature, the need for a more integrated, efficient, and user-focused financial system has become increasingly clear. Valyra positions itself at this intersection by combining contract trading, token economics, and decentralized finance into a unified ecosystem.

At its core, Valyra Exchange focuses on creating a comprehensive digital asset environment where users no longer need to rely on multiple platforms. The ecosystem integrates spot trading, fiat on/off-ramp services, derivatives such as futures and options, and various DeFi functions including staking and lending. This consolidation significantly improves user experience and capital efficiency, especially for active traders and institutional participants.

A defining characteristic of Valyra Exchange is its user-centric model. By leveraging blockchain technology, the platform shifts control away from centralized institutions and gives users greater ownership over their assets and data. At the same time, Valyra adopts a low-fee strategy to compete with major exchanges, aiming to reduce trading costs while maintaining high service quality. This combination of cost efficiency and user empowerment reflects the broader evolution of the crypto industry.

From a technical perspective, Valyra Exchange emphasizes performance and scalability. The platform is built on a multi-layer, multi-cluster architecture capable of handling high transaction throughput. Its matching engine is designed for speed and stability, supporting large volumes of trades with minimal latency. The integration of distributed systems ensures data consistency, network reliability, and continuous service availability. Through OpenAPI support, Valyra also enables seamless integration with external financial systems and applications.

Security and compliance are treated as foundational elements rather than optional features. The platform uses cold wallet storage for the majority of user funds, combined with multi-signature mechanisms to reduce the risk of unauthorized access. Advanced encryption technologies and real-time monitoring systems provide additional layers of protection. At the regulatory level, Valyra implements KYC and AML procedures and has obtained a U.S. MSB license, reinforcing its commitment to operating within global compliance frameworks.

Another important aspect of Valyra Exchange is its approach to trust. Instead of relying on centralized intermediaries, the platform uses blockchain-based systems to create a transparent and verifiable trading environment. Transactions are recorded on-chain, making them immutable and auditable. Smart contracts are used to automate execution and settlement, reducing the need for manual intervention and minimizing counterparty risk.

Valyra also addresses one of the long-standing challenges in global finance: cross-border transactions. By using tokenized assets, the platform enables fast and cost-efficient value transfer without relying on traditional banking intermediaries. This not only reduces fees but also shortens settlement times, making it particularly relevant for international users and businesses.

Looking ahead, Valyra Exchange is not limited to being a trading platform. Its long-term vision extends toward building a full-scale decentralized financial ecosystem. This includes services such as decentralized lending, tokenized real-world assets, supply chain finance, and integrated payment systems. The goal is to evolve into a comprehensive DeFi-based financial infrastructure that connects traditional industries with blockchain technology.

Tokenization plays a central role in this vision. By representing real-world assets as digital tokens on the blockchain, Valyra enables more efficient ownership transfer, transparent pricing, and broader market participation. This approach has the potential to reshape how assets are managed and traded across multiple industries.

In essence, Valyra Exchange represents a shift toward a more open, transparent, and efficient financial system. By combining advanced technology, strong security practices, and an expanding ecosystem, it aims to become a key player in the future of digital finance.

Media Contact

Organization: Valyra Exchange

Contact Person: Alice

Website: https://www.valyra.us/

Email: Send Email

Country:United States

Release id:44150

Disclaimer: This press release is for informational purposes only and does not constitute financial, investment, or trading advice. Digital asset activities involve risk, and readers should conduct their own research before using any platform or service mentioned.

The post Valyra Exchange – Building a Next-Generation Digital Asset Ecosystem 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

Nara Expands Public Access With DEX Test Entry, Low-Friction Onboarding, and PoMI Mining Access

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United States, 20th Apr 2026 – Nara, an agent-native Layer 1 ecosystem focused on machine intelligence, agent identity, and Proof of Machine Intelligence (PoMI), has announced an expansion of public access across its growing ecosystem. Through the introduction of a new public DEX and PoMI mining entry point, along with low-friction participation pathways, Nara is making it easier for a broader range of users to engage with its ecosystem.

The latest developments continue Nara’s mission to create a more accessible agent-native environment where users can explore decentralized technologies with fewer technical barriers. More information is available on the official website: https://nara.build/.

Expanding Access Through a Public DEX and PoMI Mining Entry

At the center of this announcement is the availability of a new public access point via https://naraclaw.com/, which serves as a DEX link and PoMI mining entry for ecosystem participation. The platform is designed to make access more approachable for users, including those who are newer to blockchain-based systems.

By introducing this public-facing entry point, Nara is reducing friction for users who want to explore decentralized trading access and PoMI mining participation. This approach supports Nara’s broader goal of opening agent-native infrastructure to a wider audience.

Stake-Free Participation and Social Reward Mechanisms

One of the defining features of Nara’s ecosystem is its support for stake-free participation pathways. Unlike blockchain systems that require users to lock assets before taking part, Nara enables users to access PoMI participation without upfront staking requirements.

Nara also incorporates social reward mechanisms to encourage ecosystem growth. Users can bind their  X account and receive 20 NARA as part of the onboarding process. This feature helps connect social participation with ecosystem access in a familiar and accessible format.

Users can follow updates through Nara’s official X account: https://twitter.com/intent/follow?screen_name=NaraBuildAI.

Low-Friction Onboarding for a Broader User Base

Nara continues to prioritize low-friction onboarding as a core part of its ecosystem design. The platform is intended to support both technical and non-technical users, helping lower the participation threshold for those exploring agent-native systems.

Through simpler access pathways, reduced entry barriers, and more approachable user flows, Nara is positioning itself as an inclusive gateway into machine intelligence-driven blockchain participation. The addition of the public DEX and mining entry further strengthens this direction.

Live Mainnet Infrastructure and Liquidity Access

Nara’s broader ecosystem is supported by a live mainnet, providing production infrastructure for its expanding network of users, agents, and ecosystem applications.

To further support ecosystem access, Nara has also introduced a USDT bridge, helping expand liquidity pathways into the network. This infrastructure strengthens interoperability and gives users additional flexibility when entering the ecosystem.

Together, these components support both ecosystem participation and broader agent-native infrastructure growth.

Ecosystem Growth With AgentX and Future Development

Beyond infrastructure and access improvements, Nara’s ecosystem includes products designed to support agent-native interaction. Among them is AgentX, a social layer for agent-native participation and interaction.

Nara’s broader ecosystem development also includes Memesis, a launchpad initiative connected to the project’s long-term DEX-oriented expansion. These efforts reflect Nara’s wider strategy to grow its ecosystem through identity, participation, social interaction, and more accessible on-chain tools.

Advancing the Agent-Native Vision

Nara’s latest expansion reflects its ongoing commitment to building an agent-native Layer 1 ecosystem centered on accessibility, innovation, and wider participation. By combining low-friction onboarding, stake-free participation, social rewards, and a public DEX and PoMI mining entry, Nara continues to broaden access to its ecosystem.

As the project evolves, Nara aims to further connect machine intelligence systems, agent-native interaction, and public participation in ways that are more open and easier to access.

For more information, visit https://nara.build/ or explore the public access point at https://naraclaw.com/.

 

Media Contact

Organization: NARA

Contact Person: naraguy

Website: https://nara.build/

Email: Send Email

Country:United States

Release id:44146

Disclaimer: This press release is for informational purposes only and does not constitute financial, investment, or trading advice. Participation in blockchain-based networks and digital assets may involve risk. Readers are encouraged to conduct their own independent research before engaging with any platform or ecosystem mentioned.

The post Nara Expands Public Access With DEX Test Entry, Low-Friction Onboarding, and PoMI Mining Access 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

Adler Security Expands Nationwide Protection Services, Offering Expert SIA Door Supervisors, CCTV Monitoring, Event Security, Static and Mobile Guards to Safeguard Businesses Across the UK

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  • Delivering tailored security solutions across the UK, Adler Security strengthens safety for businesses and public events.

United Kingdom, 20th April 2026, ZEX PR WIRE — Adler Security, a leading provider of professional security services in the United Kingdom, has announced the expansion of its nationwide protection offerings. The company now provides comprehensive solutions, including expert SIA door supervisors, advanced CCTV monitoring, static and mobile guards, and specialist event security services, ensuring businesses and public venues across the UK are safeguarded with unmatched expertise and reliability.

With the growing demand for professional security solutions, Adler Security has invested in highly trained personnel and state-of-the-art technology to meet the diverse needs of clients. Whether it is monitoring corporate offices, retail outlets, construction sites, or large-scale public events, the company delivers services tailored to the unique risk profiles of each client. Its static security teams offer permanent on-site presence, while mobile patrols provide flexible coverage for multiple locations, ensuring continuous protection.

A spokesperson for Adler Security stated, “Our mission is to deliver security services that our clients can trust, combining expertise, professionalism, and advanced technology. From SIA door supervision to CCTV monitoring, mobile patrols, and event protection, every solution we provide is customised to the unique risks our clients face. We understand that security is more than a presence—it is proactive, intelligent, and responsive. Expanding our services nationwide allows us to support businesses and public venues with consistent, reliable protection while upholding the highest standards of professionalism and safety.”

CCTV monitoring is a cornerstone of Adler Security’s approach. Unlike passive systems, the company’s real-time monitoring service is staffed by SIA-licensed professionals who assess live feeds, detect suspicious behaviour, and respond immediately to incidents. This proactive approach helps prevent damage, theft, or unauthorised access, providing clients with greater control and peace of mind.

Event organisers and venues also benefit from Adler Security’s comprehensive event management services. From corporate conferences and product launches to concerts, festivals, and private functions, trained security personnel manage crowd control, access points, and emergency procedures. By combining visible deterrence with professional oversight, Adler Security ensures events run safely and without disruption.

The expansion reflects Adler Security’s commitment to innovation, excellence, and client satisfaction. By continuously training its personnel and integrating cutting-edge technology, the company remains at the forefront of the UK security industry, delivering tailored solutions for commercial, retail, and event-based environments.

About Adler Security

Adler Security Ltd is a UK-based security provider specialising in manned guarding, SIA door supervision, CCTV monitoring, mobile patrols, and event security. With a focus on proactive protection and client-centric solutions, the company serves businesses, venues, and public events across England and Wales. Adler Security combines highly trained personnel with advanced technology to ensure safety, compliance, and peace of mind for all clients.

They can be contacted through the information below.

Contact Information
Email: admin@adlersecurity.co.uk
Website: https://adlersecurity.co.uk/

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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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