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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

New Online Travel Agency Mondial Voyage Launches with Global Accommodation Focus and 24/7 Human Support

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United Kingdom, 27th Jan 2026 – A new UK-based online travel agency, Mondial Voyage Limited, officially launched its services on 24 January 2026, offering travellers worldwide a streamlined platform focused exclusively on accommodation bookings supported by real 24-hour human assistance.

Mondial Voyage provides access to more than 15,000 hotels, serviced apartments, and private properties across nine countries. The company operates its own signature rental portfolio in four countries and works with established providers in nine additional markets, allowing customers to book a wide range of trusted accommodations in popular and emerging destinations.

Unlike many online travel platforms that rely heavily on automated systems, Mondial Voyage places emphasis on direct human support. Travellers have access to real support agents at any time of day, before, during, and after their stay, ensuring assistance is available whenever it is needed.

The company was founded by Mark Heidelberg, a 20-year-old entrepreneur and frequent traveller who has visited more than 70 countries. Drawing on his personal travel experience, Mark created Mondial Voyage to address common frustrations faced by travellers, particularly the lack of reliable support when problems arise.

Mondial Voyage aims to position itself as a customer-focused alternative within the online accommodation market, combining a curated global inventory with a service model built around accessibility, reliability, and personal support. The company plans to expand its property portfolio and partner network throughout 2026.

Description: https://dashboard.kingnewswire.com/uploads/press-release/2026/01/27/17695162626978ace634dbb17695162626978ace634dbd.png

CEO and Founder: Mark Heidelberg

 

Media Contact

Organization: Mondial Voyage Limited

Contact Person: Mark Heidelberg

Website: https://mondial-voyage.com/

Email: Send Email

Country:United Kingdom

Release id:40672

The post New Online Travel Agency Mondial Voyage Launches with Global Accommodation Focus and 24/7 Human Support 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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Executive Leader Aman Maharaj on Why Systems and Organization Define Sustainable Leadership

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Canton, Michigan, 27th January 2026, ZEX PR WIRE, Aman Maharaj is a senior executive with experience across energy, finance, and public policy. His work has focused on operations, governance, and large-scale coordination. Beyond that brief context, his views on systems and organization come from repeated exposure to what fails when structure is missing.

Across industries, leaders often mistake activity for progress. Teams move quickly, initiatives launch, and dashboards multiply. Yet outcomes stall. Maharaj argues the issue is rarely effort. It is the absence of systems that align people, decisions, and accountability. “Most organizations are busy,” Maharaj says. “Very few are organized. That gap shows up in missed deadlines, inconsistent decisions, and avoidable risk.”

Systems, in Aman Maharaj’s view, are not software tools or org charts. They are the rules that govern how work moves through an organization. They define who decides, how information flows, and what happens when something goes wrong. Without those rules, even talented teams struggle to perform consistently.

One common failure point is decision ownership. When authority is unclear, decisions slow down or multiply. Teams seek consensus where it is not needed and escalate routine issues. Aman Maharaj notes that effective systems do the opposite. They reduce friction by making responsibility explicit.

Another weakness is poor integration between functions. Strategy, operations, finance, and compliance often operate in parallel rather than in sequence. Maharaj has seen projects succeed on paper and fail in practice because systems were not designed to connect those functions. “Execution breaks when handoffs are vague,” he explains. “If one part of the organization cannot rely on another, speed disappears.”

Risk management is another area where organization matters more than intent. Many organizations rely on individual judgment rather than structured controls. Aman Maharaj argues that this approach works only until scale is reached. Systems exist to protect institutions from their own growth. He emphasizes that structure should not be confused with rigidity. Strong systems allow for flexibility because they remove uncertainty. When teams know the boundaries, they can move faster within them.

The same principles apply in public policy and regulated environments. Maharaj points out that policy goals often fail not because they are flawed, but because implementation systems are fragmented. Agencies pursue aligned objectives through disconnected processes. The result is delay and inconsistency. “Alignment is not a meeting,” he says. “It is a system that forces coordination.”

Technology, Aman Maharaj cautions, is often mistaken for organization. Tools can amplify good systems, but they cannot replace them. Without clear processes, technology simply accelerates dysfunction.

Leadership, in this framework, is less about inspiration and more about design. Leaders are responsible for building environments where good decisions are easy and bad decisions are hard. That work is rarely visible, but its absence is immediately felt.

Maharaj believes organizations will increasingly be evaluated on their operational maturity. As markets tighten and tolerance for error shrinks, systems will determine who remains stable and who does not. “Results come and go,” he says. “What lasts is whether the organization knows how to operate without constant intervention.”

For Maharaj, systems and organization are not back-office concerns. They are the core infrastructure of leadership. When done well, they allow people to perform at their best and organizations to endure.

 

To learn more visithttps://www.linkedin.com/in/aman-m-a1540717/

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EuropaNewswire LLC Launches Mastodon Based Editorial Photo Syndication, Signaling a New Era of Direct Media Distribution

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New York, US, 27th January 2026, ZEX PR WIRE, EuropaNewswire LLC Launches Mastodon-Based Editorial Photo Syndication, Signaling a New Era of Direct Media DistributionNew York, NY — EuropaNewswire LLC, a New York–based editorial photography agency specializing in United Nations diplomacy, political affairs, and entertainment coverage, announced a strategic move into Mastodon and ActivityPub-based content distribution, positioning itself among the first photo agencies to use decentralized protocols to deliver editorial images directly to newsrooms, editors, and content buyers in real time.

Driven by the decline of microstock pricing and the growing disconnect between editorial creators and buyers, EuropaNewswire is abandoning legacy distribution models in favor of direct, protocol-level syndication. The company says ActivityPub provides an ideal framework for editorial licensing because it bypasses traditional gatekeepers, reduces latency, supports authenticated delivery, and enables verified media relationships without third-party intermediaries.

“Microstock is collapsing the economics of editorial photography,” said EuropaNewswire founder Luiz Rampelotto. “Platforms are paying pennies months later while newsrooms are demanding timely and verified coverage. Mastodon and ActivityPub allow us to ship images directly to the people who need them, without waiting for agencies or middle layers to approve, ingest, or monetize the work.”

EuropaNewswire’s new feed, launched at PhotoDesk.EuropaNewswire.com, operates as a dedicated editorial desk that pushes captions, IPTC-accurate metadata, licensing information, and credit lines to followers across federated Mastodon instances. Media buyers can engage directly for licensing, usage rights, and editorial requests, creating what the agency describes as a “direct-to-newsroom” model.

The initiative comes amid renewed attention on ActivityPub within the journalism sector. Multiple international outlets have begun experimenting with decentralized publishing to avoid algorithmic throttling, data extraction, and platform lock-in associated with mainstream social platforms.

Rampelotto believes the shift is only beginning. “Editorial photography has always depended on direct relationships,” he added. “The internet broke that for a decade, and ActivityPub is bringing it back. We expect other boutique agencies, independent photographers, and even major newsrooms to follow.”

EuropaNewswire will continue to use decentralized publishing alongside its existing website and direct licensing channels. The agency says long-term it intends to integrate ActivityPub notifications with picture desks, newsroom workflow tools, and licensing systems without relying on legacy wire services or microstock aggregators.


About EuropaNewswire LLC

EuropaNewswire LLC is a New York–based independent editorial photo agency specializing in United Nations political coverage, diplomacy, cultural events, and entertainment. The company licenses photography directly to media outlets, non-profits, publishers, and broadcast networks worldwide.

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