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Glory Star expected to further increase profitability

Published

4 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

Vape Buy Launches New Online Platform to Bridge the Gap Between Single-Use and Rechargeable Vaping

Published

9 hours ago

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January 26, 2026

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Vape Buy, a premier UK online vape retailer, announces the launch of its new website. The platform is designed to streamline the transition for customers moving from standard disposables to TPD-compliant Big Puff vapes and refillable pod systems.

London, United Kingdom, 26th Jan 2026 – Vape Buy, a premier UK online vape retailer, announces the launch of its new website. The platform is designed to streamline the transition for customers moving from standard disposables to TPD-compliant Big Puff vapes and refillable pod systems.

The new website features a streamlined, mobile-optimised design that prioritises speed and accessibility. It categorises the retailer’s extensive inventory into intuitive sections, including Big Puff Vapes (6K, 10K, 20K+ capacities), Nic Salts, Pod Vape Kits, and Shortfill E-Liquids. Recognising the industry shift towards more sustainable options, Vape Buy has positioned itself as a specialist in bridging the gap between single-use bars and advanced rechargeable kits.

To ensure compliance and speed, the site utilises a lightweight, custom-built age verification system and optimised infrastructure to deliver a fast browsing experience. Customers across the UK benefit from rapid dispatch on all orders, with a focus on delivering the latest hardware from industry leaders such as Vaporesso, OXVA, SMOK, and GeekVape.

“We want to simplify the vaping journey for our customers,” said a spokesperson for Vape Buy. “The market is moving away from traditional single-use disposables towards higher capacity, TPD-compliant Big Puff devices and refillable pods. Our new platform makes it effortless for users to find these cost-effective alternatives. Whether a customer needs a Hayati Pro, an IVG 2400, or a bottle of Elfliq, our goal is to get it to their door quickly and efficiently.”

Vape Buy stocks a curated selection of genuine products sourced directly from trusted manufacturers. The inventory includes the latest releases from Lost Mary, SKE Crystal, and Elux, alongside a vast library of e-liquid flavours ranging from classic tobacco to popular fruit blends. The site operates with strict adherence to UK regulations, ensuring all products are genuine and age-verified.

Vape Buy invites adult smokers and existing vapers to visit the new online store to explore the range of high-capacity devices and premium e-liquids.

About Vape Buy

Vape Buy is a UK-based online vape store dedicated to providing high-quality vaping hardware and e-liquids. With a focus on value and compliance, the company specialises in Big Puff vapes and refillable pod kits, helping customers transition away from expensive single-use disposables. Headquartered in London, Vape Buy offers fast UK shipping and dedicated customer support to ensure a seamless purchasing experience.

More Information

To learn more about Vape Buy and the launch of its new website, please visit https://vapebuy.co.uk/.

Media Contact

Organization: Revo 2 Evo LTD T/A Vape Buy

Contact Person: Vape Buy

Website: https://vapebuy.co.uk/

Email: Send Email

Contact Number: +442071013143

Address:128 City Road

City: London

Country:United Kingdom

Release id:40614

The post Vape Buy Launches New Online Platform to Bridge the Gap Between Single-Use and Rechargeable Vaping 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

Doctors Behind Proud Urology’s Growth, Dr. Jin-mo Koo and Dr. In-sung Hwang, Launch Highest Urology Clinic in Seoul with Advanced Sterile Systems

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9 hours ago

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January 26, 2026

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Seoul, Korea South, 26th Jan 2026 – Highest Urology Clinic officially announced its grand opening on January 19 in the heart of Seoul. The clinic is led by Representative Directors Dr. Jin-mo Koo and Dr. In-sung Hwang, the visionaries widely recognized for driving the unprecedented growth and success of Proud Urology. Their new venture is dedicated to establishing a global standard in male reconstructive and aesthetic urology through advanced medical infrastructure.

To ensure the highest level of patient safety, the clinic has implemented a University-Hospital Level Sterile Surgery System. The facility features four independent operating rooms equipped with Positive Pressure Air Conditioning, a specialized technology that maintains a zero-infection environment by blocking external pollutants and fine dust. This high-standard infrastructure is essential for the clinic’s specialized procedures involving surgical implants and grafts.

Dr. Jin-mo Koo, a leading authority in male reconstruction, brings his extensive clinical expertise in the application of MegaDerm (Acellular Dermal Matrix) and MegaFill. His precision-focused approach, backed by years of clinical data, ensures natural and safe outcomes. Co-representative Dr. In-sung Hwang complements this with his expertise in gynecomastia correction and male body contouring, merging functional restoration with aesthetic excellence.

“Our opening on January 19 marks a new era in men’s healthcare,” said the Directors. “By integrating the clinical expertise we developed while leading Proud Urology with a state-of-the-art sterile environment, we are committed to providing a premier medical experience that both domestic and international patients can trust.”

About Highest Urology Clinic: Highest Urology Clinic is a premier medical institution in Seoul specializing in advanced urological surgery and men’s health. Led by industry experts Dr. Jin-mo Koo and Dr. In-sung Hwang, the clinic provides comprehensive solutions in reconstructive and aesthetic urology, supported by a university-grade sterile infrastructure.

Address : 14F & 15F, 655, Seolleung-ro, Gangnam-gu, Seoul, Republic of Korea

Learn more at : www.highsturology.co.kr

Media Contact

Organization: Highst Urology Clinic

Contact Person: Sung

Website: https://www.highsturology.co.kr/

Email: Send Email

City: Seoul

Country:Korea South

Release id:40586

The post Doctors Behind Proud Urology’s Growth, Dr. Jin-mo Koo and Dr. In-sung Hwang, Launch Highest Urology Clinic in Seoul with Advanced Sterile Systems 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

Dr. Ijeoma Esther Nnamdi: Redefining Global Leadership, Empowering Women and Next-Generation Leaders

Published

11 hours ago

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January 26, 2026

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Nigeria, 26th Jan 2026 –Grounded in executive experience as Group General Manager to the helm of international organizations as Strategic Country Director/Head, Dr. Ijeoma Esther Nnamdi—Global Keynote Speaker and Human Capacity Development Expert—is redefining leadership by advancing excellence, gender equity and transformative social impact across Africa and beyond. A seasoned author and co-author of bestselling books published in the United States, India, Indonesia, the Philippines and Zimbabwe; her career trajectory demonstrates strategic depth, adaptability and operational excellence. She is particularly respected for her commitment to empowering women and positioning the girl child for leadership within systems where access and opportunity remain limited.

Anchored in the conviction that leadership must be intentional, strategic and results-driven; Her professional work centres on the design and execution of high-impact initiatives that strengthen institutions, build human capital and address structural barriers that restrict women and girls. Her leadership approach integrates policy intelligence, stakeholder management and executional precision, earning her recognition as a trusted voice across government, civil society, faith-based platforms, corporate institutions and international development ecosystems.

On 25 November 2025, Dr. Ijeoma Esther Nnamdi led the globally resonant “Say No to Child Marriage” campaign under the theme “Her Dreams Matter More Than Your Traditions.” The campaign strategically challenged deeply entrenched harmful practices while repositioning the girl child as a vital global asset whose education, agency and aspirations must be protected and prioritized.

As a Global Keynote Speaker, her engagements have reached audiences in fifteen countries across Asia, North America, Europe, Australia, and Africa. Her influence has been recognized through more than 100 awards for leadership and impact. She has delivered transformational insights on over a thousand platforms, including leadership summits, policy forums, academic institutions and women faith-focused development conferences. Her speaking style is noted for its clarity, authority and electrifying effect, equipping leaders to build inclusive, high-performing and future-ready systems.

Dr. Ijeoma Esther Nnamdi is the author of LEAD BEYOND,  distributed to teenage girls across seven secondary schools and YOUTHFUL WITHOUT BLEMISH, which has been a tool for training in faith-based youth leadership programs. She has more than 30 publications. Her body of work reflects a consistent philosophy that empowerment must begin early, be intentional and be sustained—creating pathways that enable women and girls not merely to survive, but to lead beyond societal limitations.

Her leadership is described as principled, courageous and generational, positioning her as a significant force in global discourse on leadership, equity and human development.

Social Media Links :

https://www.facebook.com/share/1HootmxJdE/

https://www.linkedin.com/in/dr-ijeoma-esther-nnamdi-362009148

https://www.instagram.com/iamesthernnamdi

Book Store : https://selar.com/m/Inspirationals

Media Contact

Organization: Mummy and I Magazine

Contact Person: Dr. Ijeoma Esther Nnamdi

Website: https://www.instagram.com/mummyand_i

Email: Send Email

Contact Number: +2348137890242

Country:Nigeria

Release id:40582

The post Dr. Ijeoma Esther Nnamdi: Redefining Global Leadership, Empowering Women and Next-Generation Leaders 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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