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Glory Star expected to further increase profitability

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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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Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Press Release

New TIPS Study Shows IV Iron is Safe, Effective, and Well-Tolerated for Pregnant Women

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11 hours ago

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January 13, 2026

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Miami, FL — Jan 13th, 2025 — FEM Women’s Health (formerly known as Heme On Call) and GNP Research today announced results from the TIPS Study, the largest real-world evaluation of IV iron treatment in pregnant women in the United States. The findings—now presented at the American Society of Hematology (ASH) 67th Annual Meeting 2025, the leading global hematology conference — show that IV iron is safe, effective, and fast-acting treatment option for pregnant women with low iron levels or anemia.

The study followed 2,225 pregnant women who received IV iron in community clinics. Treated for iron deficiency or iron deficiency anemia (IDA), conditions that often cause fatigue, shortness of breath, and odd cravings during pregnancy. Across nearly 5,000 IV iron infusions, the research showed that IV iron is well-tolerated and provides rapid improvement in symptoms and blood counts.

What the Study Found

  • Women with anemia saw an average of +1.2-point ride in hemoglobin
  • More than 80% of women reported feeling better, including more energy, reduced shortness of breath, and fewer cravings like ice chewing
  • Serious reactions were rare, occurring in only 3.3% of all infusions
  • Fewer discomfort symptoms with high-dose formulations, particularly Monoferric (ferric derisomaltose) (7.8%) and Feraheme (ferumoxytol) (15.2%), compared with Venofer (iron sucrose) (22.2%)
  • Fewer total visits are required with high-dose IV iron, improving treatment completion and patient convenience

“These findings show that when iron deficiency is recognized and treated promptly, IV iron provides fast, reliable improvement in maternal well-being without compromising safety” said Dr. Steven Fein, CEO of FEM Women’s Health.

Why This Matters for Pregnancy

Iron deficiency during pregnancy is common, yet many women remain under-treated or treated too late to prevent symptoms that affect daily functioning and delivery readiness. The TIPS Study shows that IV iron offers a safe, rapid, and well-tolerated option for restoring iron levels and improving quality of life during pregnancy.

In practice, TIPS support a shift towards earlier diagnosis and timely IV iron therapy, improving maternal well-being with a low-risk, high-benefit therapy. For busy expectant mothers, quick and reliable treatment can make a meaningful difference in day-to-day well-being and overall pregnancy health.

Disclosure: This study was conducted with independent research grant support from Pharmacosmos Therapeutics Inc.

Media Contact:

Anthony Persaud

Director, Corporate Development FEM Women’s Health

• hematoloy@femwomenshealth.com

 1-888-403-7640

femsurvivorship.com 

ABOUT FEM WOMEN’S HEALTH

FEM Women’s Health is a leading women’s tele-hematology and infusion center network specializing in iron deficiency, anemia, and cancer survivorship care. Through evidence based IV iron therapies and coordinated virtual access to hematology experts, FEM supports patients from diagnosis through treatment and recovery. With a continuously expanding network of infusion centers across Florida, FEM is committed to delivering accessible, high-quality care that improves outcomes and empowers women to thrive with better health.

ABOUT GNP RESEARCH

GNP Research is an independent health outcomes research organization dedicated to generating real-world evidence that strengthens community-based clinical care. GNP partners with medical practices nationwide to evaluate treatment, safety, and effectiveness. GNP Research supports providers in advancing the standard of care and delivering measurable improvements in patient outcomes.

Media Contact

Organization: Fem Womens Health

Contact Person: Anthony Persaud

Website: https://www.femwomenshealth.com/

Email: Send Email

Country:United States

Release id:40129

The post New TIPS Study Shows IV Iron is Safe, Effective, and Well-Tolerated for Pregnant Women 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

UPDF Recognized as a G2 Leader and Ranks Among the Top 4 PDF Editors Worldwide in Winter 2026

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11 hours ago

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January 13, 2026

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UPDF, Superace’s all-in-one AI-powered PDF solution, has been named a G2 Leader and ranked among the Top 4 PDF Editors worldwide, highlighting its rapid growth, strong user adoption, and AI-powered PDF capabilities.

United States, 13th Jan 2026 – UPDF, the all-in-one AI-powered PDF solution developed by Superace, has achieved a major milestone by being named a G2 Leader and ranking among the Top 4 PDF Editors in the G2 Winter 2026 Report. This recognition reflects UPDF’s outstanding performance in customer satisfaction and market presence, reinforcing its position as one of the most trusted PDF tools globally.

From Fast-Growing Challenger to Industry Leader

Founded in 2022, UPDF was created with a clear vision: to make document editing, management, and collaboration simpler, smarter, and more accessible for everyone. In just a few years, UPDF has evolved from a rising challenger into a recognized industry leader, serving millions of users across Windows, macOS, iOS, and Android with a single, unified PDF experience.

UPDF’s recognition as a G2 Leader highlights its rapid growth and strong adoption across North America, Europe, and other global markets, driven by consistent product innovation and a user-first philosophy.

What It Means to Be a G2 Leader

G2 is the world’s leading software review platform, trusted by over 80 million professionals to make informed software decisions. Products awarded the Leader badge must excel in both customer satisfaction and market presence, based entirely on verified user reviews.

In the G2 Winter 2026 Report, UPDF not only earned Leader status but also secured a place among the Top 4 PDF Editors, standing alongside long-established brands in the document software category. This achievement demonstrates strong user loyalty, high satisfaction ratings, and growing recognition in a competitive market.

Why Users Choose UPDF

UPDF stands out by combining powerful functionality with a clean, intuitive interface. Designed for professionals, students, educators, and teams, UPDF offers a comprehensive feature set, including:

  • Advanced PDF editing, annotation, and conversion tools
  • AI-powered features such as PDF translation, summarization, rewriting, and content extraction
  • Cross-platform support with seamless syncing across devices
  • A cost-effective pricing model that delivers premium features without enterprise-level complexity

With one account usable across multiple devices, UPDF enables flexible, modern workflows—whether users are working in the office, studying remotely, or collaborating on the go.

What’s Next for UPDF

Looking ahead to 2026, UPDF plans to further expand its AI capabilities, enhance cross-platform collaboration, and introduce smarter workflows tailored to specific industries such as education, legal, and business operations. The team remains focused on delivering secure, efficient, and accessible document solutions for users worldwide.

Experience UPDF Today

Developed by Superace, UPDF is trusted by millions of users worldwide as an all-in-one solution for editing, annotating, converting, and managing PDF files. With its powerful AI-driven tools and cross-platform accessibility, UPDF helps individuals and professionals unlock greater productivity and creativity every day.

For more information, visit the official UPDF website or follow UPDF on YouTube, Facebook, X (Twitter), Instagram, and LinkedIn for the latest updates and offers.

Media Contact

Organization: HONGKONG SUPERACE SOFTWARE TECHNOLOGY CO. , LIMITED

Contact Person: Taylor Pang

Website: https://updf.com/

Email: Send Email

Contact Number: +85213129579808

Address:FLAT A F15 GOLDFIELD IND

Address 2: BLDG 144-150 TAI LIN PAI ROAD KWAI CHUNG NT

City: Hongkong

State: Hongkong

Country:Hong Kong S.A.R.

Release id:40134

The post UPDF Recognized as a G2 Leader and Ranks Among the Top 4 PDF Editors Worldwide in Winter 2026 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

U7BUY Sees Rise in GTA 5 Modded Account Demand After Gameplay Updates

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11 hours ago

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January 13, 2026

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U7BUY, a leading digital gaming marketplace, has reported a significant increase in demand for modded accounts for Grand Theft Auto V (GTA 5) after recent gameplay updates. The latest updates to the game have prompted players to seek new ways to enhance their in-game experience through modded accounts, which offer unique advantages and unlocked content.

Following the updates, U7BUY has witnessed a surge in transactions related to GTA 5 modded accounts, as gamers look to stay ahead of the evolving gameplay features and mechanics. The platform has become a central hub for players purchasing modded accounts, in-game currency, and other items, all designed to enhance the GTA 5 gaming experience.

Anna, Marketing Director at U7BUY, commented on the trend: “The demand for GTA 5 modded accounts has surged as players seek new ways to experience the game’s evolving content. The recent updates introduced new gameplay features, prompting many players to upgrade their accounts. U7BUY is committed to providing secure transactions and reliable support, ensuring that gamers can access modded accounts safely and confidently.”

U7BUY’s marketplace has long served as a vital resource for the gaming community, offering a trusted platform for the buying and selling of in-game currencies, items, and accounts for a wide range of popular gaming titles. The platform’s emphasis on encryption technology and customer service ensures that users can perform transactions securely. In addition, U7BUY maintains a vibrant community hub featuring blogs, guides, and promotional content, designed to keep players informed and engaged.

The growing interest in modded accounts extends beyond GTA 5. U7BUY has observed an increase in activity across other top gaming titles as well. The platform offers a wide range of services, including power-leveling, catering to players seeking ways to enhance their gameplay experience.

In response to this increase in demand, U7BUY has taken further steps to ensure the smooth processing of transactions for users. The marketplace incorporates advanced encryption technology to protect sensitive data, and the customer support team is dedicated to assisting with any issues or inquiries during the transaction process.

Looking to the future, U7BUY remains focused on adapting to the ever-changing digital gaming landscape, aiming to continue offering players the most relevant and up-to-date services. As the gaming industry continues to evolve with new games and features, U7BUY will remain committed to expanding its offerings, ensuring that players have access to the latest content.

Anna provided insight into the company’s future outlook: “As the digital gaming industry evolves, U7BUY is dedicated to remaining ahead of emerging trends and ensuring gamers have the tools necessary to enhance their gaming experience. With frequent releases of new games and updates, U7BUY will continue to expand its offerings, with an ongoing focus on improving user experience, security, and community engagement.”

As the demand for modded accounts and in-game items grows, U7BUY is poised to further establish itself as a trusted marketplace for digital gaming products. With the gaming community continuing to expand, U7BUY will remain focused on adapting to new developments and providing secure, reliable services to players across the globe.

For more information about GTA 5 modded accounts, please contact U7BUY at +0085254814835 or via email at press@u7buy.com.

Media Contact

Organization: U7BUY

Contact Person: Anna

Website: https://www.u7buy.com/

Email: Send Email

Contact Number: +85254814835

Country:Hong Kong S.A.R.

Release id:40124

The post U7BUY Sees Rise in GTA 5 Modded Account Demand After Gameplay Updates 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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