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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

VNC Introduces VNC AI Super Assistant: A New Intelligent Platform Designed to Help Users Learn, Work, Create, and Make Better Decisions

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VNC today officially announced the completion of its next-generation artificial intelligence platform, VNC AI Super Assistant, with the first round of beta testing scheduled to launch soon for existing ecosystem users worldwide.

The release marks a significant milestone in VNC’s ongoing technology development strategy and represents the beginning of a new phase focused on practical artificial intelligence applications designed to assist users in their daily lives.

Unlike traditional AI chatbots that primarily focus on answering questions, VNC AI Super Assistant has been developed as a comprehensive intelligent platform capable of supporting users across learning, productivity, business, lifestyle, communication, and decision-making scenarios.

Powered by advanced large language model technology, intelligent reasoning systems, contextual understanding capabilities, and continuously evolving knowledge frameworks, VNC AI is designed to deliver practical, accurate, and personalized assistance whenever users need it.

According to the development team, VNC AI aims to become an intelligent digital companion that helps users solve real-world problems, save time, improve efficiency, and access knowledge more effectively.

Users will be able to utilize VNC AI across a wide variety of everyday scenarios, including:

• Knowledge Search and Information Discovery

• Education and Learning Assistance

• Language Translation and Cross-Cultural Communication

• Travel Planning and Lifestyle Guidance

• Health and Wellness Information Support

• Content Creation and Writing Assistance

• Business Operations and Strategic Analysis

• Professional Development and Skill Improvement

• Research, Data Interpretation, and Analysis

• Community Management and Organizational Coordination

• Personal Productivity and Task Optimization

• Intelligent Daily Life Assistance

The development team emphasized that VNC AI is designed to go beyond conventional search engines and traditional question-and-answer systems.

Instead of requiring users to sift through large volumes of information, the platform is capable of understanding user intent, analyzing relevant knowledge, and delivering structured, actionable responses within seconds.

At its core, VNC AI integrates advanced natural language processing, intelligent reasoning engines, contextual memory systems, adaptive learning capabilities, and continuously optimized intelligence models to provide increasingly personalized user experiences.

Internal testing of the platform has already been completed, and preparations are now underway for the first public beta release.

The upcoming beta phase will allow selected users from the existing VNC global community to experience a range of intelligent features, including:

• Intelligent Conversations

• Real-Time Knowledge Search

• AI-Assisted Writing and Content Generation

• Learning and Education Support

• Productivity Enhancement Tools

• Multilingual Communication Assistance

• Everyday Digital Companion Services

The development team further confirmed that future versions of VNC AI are expected to expand into a broader intelligent ecosystem, including:

• AI Productivity Systems

• Intelligent Personal Assistants

• AI-Powered Community Management Tools

• Business Intelligence Solutions

• Predictive Analysis Models

• Advanced Multilingual Coordination Systems

• Intelligent Collaboration Environments

• Next-Generation Digital Service Frameworks

Today, the VNC global community spans more than 300,000 users across over 7,000 communities worldwide, providing a strong foundation for large-scale testing, optimization, and future development of the platform.

The team believes that artificial intelligence should not be limited to technology professionals or specialized industries. Instead, advanced AI capabilities should be accessible, practical, and valuable for everyday users around the world.

“The future of artificial intelligence is not simply about technology—it is about empowering people.”

The VNC Development Team stated:

“Our goal is to create intelligent systems that help users learn faster, work more efficiently, solve problems more effectively, and make better decisions. The launch of VNC AI Super Assistant marks an important milestone in that journey, and we look forward to sharing this technology with our global community through the upcoming beta program.”

Official Website:

http://www.verynicecoin.com

VNC Development Team

Company: VNCoin Technologies

Contact Person: Owen Cox

Email: info@verynicecoin.com

Website: http://www.verynicecoin.com

Telephone: +1 4582573813

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Press Release

Dr. Pettinato’s Toothasaurus Children’s Dentistry Welcomes Pediatric Dentist Dr. Matthew Raso

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Wesley Chapel, FL, United States, 11th Jun 2026 – Dr. Pettinato’s Toothasaurus Children’s Dentistry has announced the addition of Dr. Matthew Raso, D.D.S., to its pediatric dental team and the introduction of several new services designed to make dental care more engaging and preventive for children.

Dr. Raso earned his dental degree from Columbia University College of Dental Medicine and completed his residency at Geisinger Medical Center in Pennsylvania. He joins the Wesley Chapel practice with a passion for helping children build healthy smiles and positive dental experiences.

The practice recently introduced Prismo™ Crowns, colorful pediatric crowns that allow children to personalize their treatment experience, and Twinkle Star™ Fillings, decorative restorations available in themes such as Rainbow, Camouflage, Glass Slipper, Lava, and other kid-friendly designs.

To further support prevention, the practice now offers Caries Susceptibility Testing, an advanced diagnostic service that helps identify factors contributing to tooth decay and provides families with personalized recommendations to help reduce cavity risk.

Known for its dinosaur-themed office experience, Toothasaurus Children’s Dentistry combines preventive dentistry, patient education, and child-centered care through what the team calls “The Toothasaurus Way.”

“The addition of Dr. Raso and these new services reflects our commitment to helping children achieve healthy smiles through prevention, education, and positive dental experiences,” said Dr. Tierney Pettinato, owner of Toothasaurus Children’s Dentistry.

The practice is currently accepting new patients throughout Wesley Chapel and surrounding communities.

 

About Dr. Pettinato’s Toothasaurus Children’s Dentistry

Dr. Pettinato’s Toothasaurus Children’s Dentistry provides preventive, restorative, and comprehensive dental care for infants, children, and adolescents in Wesley Chapel, Florida.

Media Contact

Organization: Dr. Pettinato’s Toothasaurus Children’s Dentistry

Contact Person: Dr. Tierney Pettinato, Dentist & Owner

Website: https://www.drpettinato.com/

Email:
Smile@drpettinato.com

City: Wesley Chapel

State: FL

Country:United States

Release id:45895

The post Dr. Pettinato’s Toothasaurus Children’s Dentistry Welcomes Pediatric Dentist Dr. Matthew Raso 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

moove.xyz Expands Across Nigeria, Kenya and Greater African Region To Power Stablecoin Payments

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Hong Kong S.A.R., 11th Jun 2026 – moove.xyz, the global Web3 fintech platform built for the permissionless and effortless movement of value, is expanding its reach across Africa to enable fast, low-fee cross-border stablecoin payments for the continent’s fastest-growing digital workforce. By allowing freelancers, creators, influencers, and professional service providers to get paid in stablecoins such as USDC and USDT across 30+ blockchains with no KYC, moove.xyz is delivering a Web3 payment gateway purpose-built for regions where traditional financial infrastructure remains costly, slow, and unreliable.

Across African markets — including Nigeria, Kenya, Ghana, South Africa, Egypt, and Tanzania — volatile exchange rates, limited banking access, and expensive cross-border transfer fees continue to hold back some of the world’s most ambitious earners. A designer in Lagos, a developer in Nairobi, or a content creator in Accra often waits days for an international payment to clear, only to lose a painful share of it to FX spreads, correspondent-banking charges, and intermediaries. moove.xyz addresses these challenges with a unified, non-custodial wallet app that enables users to send crypto instantly and get paid globally in stablecoins, preserving value, avoiding local currency volatility, and accessing global markets with transparent, fast, and significantly lower-cost on-chain settlement — bypassing outdated banking rails entirely.

“Our mission at moove.xyz is to make global money movement effortless and accessible, especially in regions where financial inefficiencies hold people back,” said moove.xyz in a company statement. “For freelancers, creators, influencers, and professional service providers across Africa, getting paid by a client overseas should not mean losing value to FX spreads, delays, or identity checks. With moove.xyz, users can get paid globally in stablecoins like USDC and USDT, instantly and with full control, regardless of borders or local banking constraints — that is what a truly borderless, KYC-free crypto payment experience looks like.”

moove.xyz supports 16,000+ cryptocurrencies across 30+ blockchains, enabling African users to accept stablecoin payments such as USDC and USDT on networks including Bitcoin, Ethereum, Solana, Avalanche, Arbitrum, Base, zkSync, Polygon zkEVM, Blast, Mantle, and Celo. Behind the scenes, an integrated cross-chain bridge and EVM-compatible routing let users swap crypto across chains and settle in the asset they want, on the network their client uses — true crypto interoperability without the unpredictable slippage, slow settlement, or high gas fees of legacy tools. With branded @moovehandles, universal QR Codes, and payment links, a creator in Lagos can get paid by a brand in London without managing wallet addresses or juggling multiple chains, while benefiting from predictable fees, near-instant settlement, full non-custody, and no KYC.

The timing matters. Africa is among the fastest-growing stablecoin and Web3 markets in the world, with stablecoins increasingly used not for speculation but for everyday cross-border earning, saving, and settlement. As demand grows for a global DeFi payment app for businesses and individuals alike, moove.xyz is emerging as a key enabler — bringing decentralised finance (DeFi) and secure cross-chain transactions to the freelancers, creators, and small businesses who need them most, rather than to traders in faraway financial capitals.

By continuing to expand across Africa and enhancing its mobile and web platforms, moove.xyz aims to make global stablecoin payments as effortless as sending a message — supporting its long-term vision to onboard the next billion Web3 users and make cross-border money movement faster, cheaper, and accessible to everyone, everywhere.

About moove.xyz

moove.xyz is a global Web3 fintech platform built for the permissionless and effortless movement of value. We empower businesses and consumers anywhere to send, receive, stake, and swap any cryptocurrencies across any blockchains — all in one single platform.

We are one of the first Web3 fintech companies globally to innovate and build a full-stack crypto payments and decentralised finance infrastructure, enabling an integrated and comprehensive coverage across multi-chain wallet access, personalised wallet handles, cross-chain token swaps, embedded cross-chain transactions and a decentralised social financial network. Our key products include Moove Profile, Moove Send, Moove Receive, Moove Stake, Moove Swap, Moove Rewards, Moove Discover and more.

Our mission is simple — to create and distribute permissionless and effortless financial technology for the next 1 billion Web3 users. We fundamentally believe that the future of the movement of money and value shall be costless, borderless, permissionless, effortless, and built for everyone — and we’re building the ultimate Web3 fintech platform to make that future real.

Your money. Your move.

Website: https://moove.xyz

Media Contact

Organization: trustbanana

Contact Person: Sher

Website: https://trustbanana.com

Email: Send Email

Country:Hong Kong S.A.R.

Release id:45994

The post moove.xyz Expands Across Nigeria, Kenya and Greater African Region To Power Stablecoin Payments 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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