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.
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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.
Auckland, New Zealand, July 20th, 2026, Chainwire
The Request for Proposal Regarding High-Specification Cryptographic Provenance
GLOBAL COMPLIANCE FRAMEWORK & THE 500-YEAR YIXING ZISHA TEAPOTS REAL-WORLD ASSET (RWA) LINEAGE 】
THE JUDGE ARCHIVE-LAB LIMITED (NZ) launches an international technical initiative to establish the definitive 500-year paradigm of Yixing Zisha Teapots. Centering on the “Genesis No. 001” masterpiece, this framework uses high-precision, 100-Megapixel Hasselblad digital scanning for permanent RWA (Real-World Asset) archival and codification, separating “500-year cultural lineage” from mere ephemeral narratives.
【 OFFICIAL ACADEMIC PROVENANCE & HISTORICAL CONTEXT 】
This initiative is anchored in five key institutional verifications:
1. LUO RE-POSIT(S) CENTURIES-OLD CHINESE ARTISTIC TRADITIONS OF ART WITHIN CONTEMPORARY FORMS, TECHNIQUES, AND IDEAS.
—— THE CLAY STUDIO COLLECTION (ACCESSED VIA EHIVE DIGITAL ARCHIVE, REF: PC311 | HISTORICAL OBJECT: YIXING TEAPOTS)
[ THE JUDGE ARCHIVE-LAB DATA COGNITION ] THE SOVEREIGNTY OF THE ENCOUNTER:
THE ECHO OF 1999 IS LOUDER THAN THE SILENCE OF 500 YEARS.
2. THE CREATOR, LUO XIAOPING, IS AN ELECTED INDIVIDUAL MEMBER OF THE INTERNATIONAL ACADEMY OF CERAMICS (IAC, GENEVA).
HIS LIFE’S WORK REPOSITIONS CENTURIES-OLD CHINESE ARTISTIC TRADITIONS WITHIN CONTEMPORARY GLOBAL FORMS,
WITH SCULPTURES PERMANENTLY ENSHRINED IN THE WHITE HOUSE (USA) AND MUSÉE ARIANA (SWITZERLAND).
3. LUO XIAOPING’S WORK REPRESENTS A PROFOUND SPIRITUAL DEPARTURE FROM THE PURELY ARTISANAL CONSTRAINTS
OF TRADITIONAL CERAMICS… LUO HAS MASTERFULLY DISMANTLED THE ‘FUNCTIONAL ILLUSION’ OF THE UTILITARIAN OBJECT.
—— JONATHAN MANE-WHEOKI (CNZM), FROM THE HISTORICAL 1999 AUCKLAND EXHIBITION CRITIQUES.
4. CERAMICS MONTHLY (USA) 1999-2001 SPECIAL REVIEWS | VERDICT: BEYOND AESTHETICS;
A MASTERCLASS IN GRAVITATIONAL DEFIANCE AND MATERIAL EXTREMES.
5. HISTORICAL ARCHIVE [1999-2000] | TOPIC: MY WAY | THE SLAB CONSTRUCTION OF LUO XIAOPING
CONTEXT:
APT3 CONTEMPORARY ART REVIEW (AU/NZ).
|VERDICT: THE RE-POSITIONING OF
500-YEAR CHINESE TRADITION.
【 INSTITUTIONAL INTAKE & GLOBAL MEDIA PROCUREMENT 】
THE JUDGE ARCHIVE-LAB LIMITED initiates global media procurement for this 500-year archival ledger, with opportunities open for top-tier outlets under framework code TDP. High-spec digital/print dissemination slots available for competitive agency bidding.
* Direct Inquiries: wing@thejudge-lab.nz
【 TOKEN & CRYPTOGRAPHIC COMPLIANCE MATRIX 】
Decentralized parameters under the TDP framework are non-fractional, non-custodial Utility Protocol Keys (TDP) for identity logging, cryptographic verification, and programmatic media display synchronization. This digital archival process does not represent, convey, or imply any equity ownership, revenue-sharing, debt obligation, investment profit pooling, or commercial voting rights in THE JUDGE ARCHIVE-LAB LIMITED or Genesis No. 001. Public financial speculation and securities categorization are expressly disclaimed and legally refused under global financial sanctions.
ARCHIVE STATUS & PERMANENT SOVEREIGNTY:The ownership, provenance history, exhibition context, and material truth of this asset are physically verified and endorsed by the creator, Luo Xiaoping. The official abdication and decoupling of historical interpretive sovereignty are vested directly into the asset owner WING – THE JUDGE ARCHIVE-LAB LIMITED.
【 OFFICIAL RFP TECHNICAL SPECIFICATIONS 】
* Project Reference Specimen: THE 500-YEAR YIXING ZISHA TEAPOTS PARADIGM
* Material Authentication: Handcrafted Yixing Duan Clay / Gas & Wood-Fired Hybrid Firing
The 1999 Auckland Exhibition Luo Xiaoping Handcrafted Yixing Duan-Ni Teapot Specimen
* Procurement Framework Code: TPD
* Core Procurement Scope: Premium Print Media
MANDATORY TECHNICAL PARAMETER: Bidders and media networks must strictly review and utilize the 19MB lossless asset master, generated via Hasselblad 100-Megapixel technology and hosted on our official website (https://thejudge-lab.nz), as the technical metric and design specification standard for this evaluation.
【 ISSUER AUTHORITY 】
* Entity: THE JUDGE ARCHIVE-LAB LIMITED
* Auditor/MD: WING
* Official Gateway: https://thejudge-lab.nz
Contact
THE JUDGE ARCHIVE-LAB LIMITED
wing@thejudge-lab.nz
+64223653344
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.
Mutsamudu, Comoros, July 20th, 2026, Chainwire
MEXC, a pioneer in 0-fee digital asset trading, announced the launch of a new Stock Futures campaign, offering users the opportunity to share $5,000,000 in SNDK Position Airdrops. The campaign is designed to empower users to seize opportunities in the US stock market by reducing trading costs and offering meaningful rewards.
Under the campaign, users can trade eligible products for 0 fees. New users can complete a series of simple tasks to earn rewards featuring popular stocks. Participants who trade Stock Futures during the campaign period will share the $5,000,000 in SNDK Position Airdrops.
This campaign reflects MEXC’s continued efforts to support users through its two core pillars, “0 Fees” and “Infinite Opportunities”. In addition, MEXC’s Stock Futures product offers round-the-clock volatility management and hedging capabilities, enabling 7×24 trading, alongside dynamic leverage of up to 200x and a broad range of popular assets from markets worldwide. Beyond Stock Futures, MEXC also offers RealStocks through its partnership with a regulated securities broker. Users can buy real US stock assets using USDT, with full shareholding rights, dividends, and stock benefits. MEXC will continue to enhance its products and reward offerings, exploring new ways to create value for users worldwide.
For full details and participation, visit the MEXC Stock Futures campaign page.
About MEXC
MEXC is the world’s fastest-growing cryptocurrency exchange, trusted by more than 40 million users across 170+ markets. Built on a user-first philosophy, MEXC offers industry-leading 0-fee trading and access to over 3,000 digital assets. As the Gateway to Infinite Opportunities, MEXC provides a single platform where users can easily trade cryptocurrencies alongside tokenized assets, including stocks, ETFs, commodities, and precious metals.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
For media inquiries, please contact MEXC PR team: media@mexc.com
Risk Disclaimer:
This content does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, project fundamentals, and potential financial risks before making any trading decisions.
Contact
MEXC PR team
media@mexc.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.
Dubai, United Arab Emirates, 20th Jul 2026 – Cosmo Tech, an international supplier of professional aesthetic and medical laser equipment, proudly announces the opening of its own branch in Dubai. The new division, located in one of the emirate’s key business zones, will serve as the headquarters for operations with clients and distributors across the Middle East, North Africa, and South Asia. The official website of the representative office is cosmo-tech.ae.
The decision to launch the Dubai office is driven by the rapidly growing demand for high-tech cosmetology and medical laser devices in the region. Cosmo Tech’s Dubai branch will provide a full service cycle: live demonstrations of equipment in its own showroom, professional training for doctors and cosmetologists, installation and commissioning, warranty and post-warranty maintenance, as well as prompt supply of consumables and spare parts.
A key competitive advantage of the company is its status as an official representative of leading manufacturers of aesthetic equipment. Cosmo Tech holds direct contracts with globally recognized factories, including MBT Laser, Liton Laser, ADSS, Honkon, UNT Tech, Sanhe Beauty, and New Angie. This enables the company to offer clients certified equipment with factory quality assurance and documentation adapted to regional requirements.
The Dubai branch’s product range covers all key areas of modern aesthetic medicine. Cosmetology clinics and medical centers can fully equip their treatment rooms with the following:
– devices for laser hair removal using diode, alexandrite, and Nd:YAG lasers;
– IPL / BBL photorejuvenation systems for correcting pigmentation, couperose, and improving skin quality;
– picosecond lasers for tattoo removal, pigmented lesion treatment, and carbon peeling;
– vascular removal lasers and 980 nm lasers for endovenous coagulation;
– equipment for RF lifting and microneedle RF lifting, stimulating skin tightening and collagen synthesis;
– SMAS lifting – high-intensity focused ultrasound for non-surgical face contouring;
– cavitation devices for non-invasive fat cell disruption;
– cryolipolysis machines for controlled cold exposure to adipose tissue;
– professional massage technologies: LPG massage and Endosphere devices for body contouring and lymphatic drainage;
– devices for mesotherapy (needle and needle-free), EMS therapy for muscle strengthening, and pressotherapy for improved microcirculation.
In addition, the Dubai branch maintains a comprehensive stock of all necessary consumables and components: handpieces, tips, optical elements, filters, service kits, and much more. This allows clinics to minimize equipment downtime and ensure uninterrupted operation of their treatment rooms.
“Opening a branch in Dubai is a crucial step in Cosmo Tech’s development. The Gulf region shows tremendous interest in advanced cosmetology solutions, and now we can offer not just equipment supply, but a full partnership: from staff training to technical support anywhere in the Middle East. Our showroom in Dubai is already welcoming its first visitors, and we invite clinic owners and distributors to personally evaluate the capabilities of our equipment,” commented a Cosmo Tech representative.
Cosmo Tech’s Dubai branch is open for cooperation with distributors throughout the Middle East, as well as directly with medical centers and cosmetology clinics. The company offers flexible partnership terms, training, and marketing support. You can browse the equipment catalog, schedule a demonstration, or submit a service request on the official website cosmo-tech.ae.
Contact:
Cosmo Tech Middle East
Dubai, United Arab Emirates
cosmo-tech.ae
+971547678060
info@cosmo-tech.ae
Media Contact
Organization: Cosmo Tech Middle East
Contact Person: Marketing
Website: https://cosmo-tech.ae/
Email: Send Email
Contact Number: +971547678060
City: Dubai
Country:United Arab Emirates
Release id:47287
The post Cosmo Tech expands into Middle East with Dubai branch serving MENA and South Asia 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.
GLOBAL MEDIA PROCUREMENT: THE 500-YEAR YIXING ZISHA TEAPOTS PARADIGM
MEXC Launches 0-Fee Stock Futures Campaign With $5,000,000 SNDK Prize Pool
Cosmo Tech expands into Middle East with Dubai branch serving MENA and South Asia
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