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Glory Star expected to further increase profitability

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5 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

STARDOC Enters Hospital Marketing Market with AI Channel Building and Brand Strategy

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59 minutes ago

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July 16, 2026

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Physician-led STARDOC Marketing offers hospital-specialized branding strategies using SEO, GEO, and AEO technologies, backed by a trade-area analysis system built on roughly 4 trillion data points. Its reach spans Naver, Google, YouTube, Instagram, and generative AI platforms like GPT and Gemini. Recognized by Seoul Startup Hub (2018) and ranked top 1% by the Ministry of SMEs and Startups (2019), it launched a new AI-based GEO platform in 2026.

Gangnam-gu, Seoul, Korea South, 16th Jul 2026 – STARDOC Marketing (CEO Lee Seung-jun), a hospital-specialized marketing consulting firm led by a physician-turned-CEO, is drawing attention in the AI search market for hospitals, where specialized expertise is increasingly valued.

STARDOC supports opening marketing and online branding for a wide range of medical specialties, including dermatology, orthopedics, dentistry, oriental medicine clinics, and plastic surgery. Because its CEO has a medical background, the company is able to produce content that reflects an understanding of medical terminology and clinical context. Equipped with the latest SEO, GEO, and AEO technologies, STARDOC is one of the few hospital-specialized marketing agencies in Korea capable of maximizing both exposure and conversion rates through website optimization and AI optimization.

In a recent interview, a company representative said, “Unlike conventional marketing that focuses simply on exposure, we establish customized strategies for each hospital through preliminary research, interviews, and brand planning.” The representative added, “In addition to analyzing potential patients and creating authentic content, we operate a media-mix strategy that spans Naver, Google, YouTube, and Instagram, as well as generative AI search platforms such as GPT and Gemini. We also use our proprietary hospital-specific trade-area analysis system, built on roughly 4 trillion data points, as the evidentiary basis for branding strategy — reducing analytical error and dramatically increasing the probability of marketing success.”

STARDOC’s track record includes being selected as an Outstanding Future Growth Engine Company by Seoul Startup Hub in 2018. In 2019, it was named a top 1% company in the Ministry of SMEs and Startups’ Big Data-Driven Startup Project and was designated a Big Data Advisory Company by the Seoul Metropolitan Government. Since then, the company has expanded into areas such as medical building development and global patient attraction projects, and in 2026 it launched a new AI-based GEO marketing platform.

The company stated, “This service is especially well-suited for hospital directors who haven’t felt the effects of their marketing efforts, or who are still weighing their direction ahead of opening a practice.” It added that directors of hospitals currently using its services have reported achieving revenue targets ahead of schedule and experiencing increased revenue overall. “For hospital directors concerned about revenue amid recent shifts in industry trends, STARDOC’s marketing approach could represent a new opportunity,” the company said.

STARDOC Marketing is headquartered on Teheran-ro in Gangnam-gu, Seoul, and consultation inquiries can be submitted through its website, https://www.startdoctor.co.kr

Media Contact

Organization: Stardoc Marketing

Contact Person: James

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

Email: Send Email

Address:21 Teheran-ro 57-gil, Gangnam-gu, Seoul

City: Gangnam-gu

State: Seoul

Country:Korea South

Release id:47162

The post STARDOC Enters Hospital Marketing Market with AI Channel Building and Brand Strategy 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

Andrew Kaiser of Quincy Launches Personal Pledge to Promote Lifelong Learning, Better Listening and Community Service

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1 hour ago

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July 16, 2026

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Illinois, USA, Jul 16, 2026, ZEX PR WIRE — After more than four decades of serving his community through veterinary medicine, leadership and volunteer work, Andrew Kaiser of Quincy is launching a personal pledge encouraging individuals to embrace three habits that have guided his own life: listening carefully, learning continuously and serving others.

Rather than focusing on professional achievement alone, the pledge invites people to make small, practical commitments that improve relationships, strengthen communities and encourage personal growth.

Kaiser says the idea grew from lessons he learned throughout his career.

“You have to listen before you can solve a problem,” he says. “People deserve to be heard.”

He also believes lasting progress comes through consistency rather than dramatic change.

“It was always about doing the best job I could,” Kaiser says. “If you focus on doing things the right way, good things tend to follow.”

Throughout his career, Kaiser emphasised continual improvement.

“I never wanted to become complacent,” he says. “There is always something new to learn and always a way to improve.”

He hopes others will adopt the same mindset in their own lives.

“Serving others doesn’t always require something big,” Kaiser says. “Small actions, done consistently, make a real difference.”

The Andrew Kaiser of Quincy Personal Pledge

Kaiser has committed to the following seven personal actions:

  1. I will take time to listen before offering advice or forming conclusions.

  2. I will learn something new every week to continue growing personally and professionally.

  3. I will treat every person with patience, kindness and respect.

  4. I will look for opportunities to serve my community through volunteering or helping others.

  5. I will stay open to feedback and use it to improve.

  6. I will approach challenges with integrity rather than looking for shortcuts.

  7. I will encourage others by sharing knowledge, experience and practical lessons whenever I can.

Why This Matters Now

Kaiser says these habits are increasingly important in today’s fast-moving world.

Recent research supports that view:

  • Gallup has found that employees who feel listened to are significantly more engaged and productive at work.

  • The U.S. Surgeon General has identified loneliness and social disconnection as growing public health concerns affecting millions of Americans.

  • Independent Sector estimates that Americans volunteer more than 4 billion hours each year, demonstrating the continued value of community service.

  • LinkedIn’s Workplace Learning Report consistently identifies continuous learning as one of the most important skills for long-term career resilience.

Kaiser believes these trends point to a simple conclusion.

“People connect better when they slow down and truly listen,” he says.

Do-It-Yourself Toolkit

Anyone can begin following the pledge today without spending money.

Try these ten simple actions:

  • Spend five uninterrupted minutes actively listening during one conversation each day.

  • Read an article or chapter about a topic you know little about.

  • Write down one lesson you learned each evening.

  • Volunteer your time with a local charity or community organisation.

  • Thank someone who has positively influenced your life.

  • Ask more questions before offering opinions.

  • Introduce yourself to someone new in your community.

  • Mentor a younger colleague, student or neighbour.

  • Reflect on one area where you can improve each week.

  • Perform one small act of kindness without expecting recognition.

30-Day Progress Tracker

For the next 30 days, keep a simple record by asking yourself:

  • Did I listen more than I spoke today?

  • Did I learn something new today?

  • Did I help someone today?

  • Did I show patience during a difficult conversation?

  • Did I take one small step towards personal improvement?

At the end of the month, review your answers and identify one habit you would like to strengthen.

Call to Action

Andrew Kaiser of Quincy invites individuals to take the pledge by choosing one commitment to begin today, sharing the toolkit with friends or family, and encouraging others to build stronger relationships through listening, learning and service. Small actions repeated consistently can create meaningful change for individuals, families and communities alike.

To read the full interview, visit the website here.

About Andrew Kaiser of Quincy

Andrew Kaiser of Quincy is a Doctor of Veterinary Medicine who spent more than 40 years serving the Quincy, Illinois community. A graduate of the University of Missouri, he practised at West Quincy Veterinary Clinic before founding Katherine Road Animal Hospital in 1984. Throughout his career, he became known for his commitment to high standards, lifelong learning, clear communication and community service, including wildlife rehabilitation, mentoring and volunteer leadership.

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Press Release

Sparkle Pro USA Wins National Excellence Award from IABE

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1 hour ago

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July 16, 2026

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Jackson, MS Firm Recognized Among Less Than 1% of Businesses Nationwide for Outstanding Performance in Commercial Cleaning

Cheyenne, Wyoming, United States, 16th Jul 2026 — Sparkle Pro USA, already recognized as the top-ranked commercial cleaning company in Mississippi, has now been named a 2026 National Excellence Award winner by the International Association for Business Excellence (IABE). The recognition places the Jackson-based janitorial firm among fewer than 1% of businesses nationwide to earn this level of distinction from the International Association for Business Excellence.

Based in Jackson, Mississippi, Sparkle Pro USA has built its reputation delivering structured, reliable commercial cleaning services to offices, retail spaces, professional facilities, and multi-tenant properties across the state. The company’s National Excellence Award from the International Association for Business Excellence recognizes that same standard of performance on a broader stage, evaluated against businesses across every industry and region in the country.

Why the International Association for Business Excellence’s National Award Matters

The International Association for Business Excellence doesn’t hand out its awards lightly. Every applicant faces the same published criteria set by the International Association for Business Excellence, no matter their industry or location. There’s no shortcut here, no pay-to-win path, and no regional favoritism. A recognition from the International Association for Business Excellence only means something if it means the same thing for every business that earns it, whether that’s a solo practice or a national brand.

Sparkle Pro USA earned its place on that list through consistent, verifiable performance: outstanding customer service, strong client reputation, responsiveness, and dependable execution across a wide range of commercial environments. The company was assessed by the International Association for Business Excellence against its five core Excellence Standards, Digital Presence, Customer Reputation, Operational Standing, Industry Tenure, and Professional Integrity, and met all five within the 2026 evaluation period.

“Being ranked the top commercial cleaning company in Mississippi was already something we take a lot of pride in,” said a representative of Sparkle Pro USA. “Earning national recognition from an independent organization like the International Association for Business Excellence confirms that the standards we hold ourselves to in Jackson translate to a level of performance that stands up anywhere in the country.”

You can view the official recognition page here: Sparkle Pro USA — 2026 IABE Excellence Award Winner.

Sparkle Pro USA offers a full range of commercial cleaning services, including routine janitorial cleaning, deep cleaning, post-construction cleaning, floor care, carpet cleaning, and window cleaning. For more information about Sparkle Pro USA, click here: Sparkle Pro USA | Professional Commercial Cleaning Services. To request a quote, visit Book a Service | Office, Carpet & Construction Cleaning.

About the International Association for Business Excellence

The International Association for Business Excellence (IABE) is an independent business recognition organization. It evaluates and honors organizations that show excellence in operational quality, integrity, and results. The National Excellence Award is one of four recognition levels offered by the International Association for Business Excellence, alongside City, Regional, and International. Every level applies the same published standard across every industry. The International Association for Business Excellence has evaluated and recognized businesses across every industry and country for over three decades.

If you think your organization qualifies, apply here: Business Excellence Awards | International Business Excellence.

Media Contact

Organization: International Association for Business Excellence LLC

Contact Person: Charles McDonald

Website: https://internationalbusinessexcellence.com

Email: Send Email

Address:2233 Dell Range Blvd Suite 303 1015 Cheyenne, Wyoming 82009

City: Cheyenne

State: Wyoming

Country:United States

Release id:47154

The post Sparkle Pro USA Wins National Excellence Award from IABE 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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