Connect with us

Press Release

Glory Star expected to further increase profitability

Published

5 years ago

on

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.

About Author

Alex Jacob

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.

See author's posts

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.

Related Topics:
Continue Reading

Press Release

Half Price Cabinets Releases Expert Guide Identifying 5 Key Signs of Cabinet Deterioration in South Florida

Published

7 minutes ago

on

July 30, 2026

By

POMPANO BEACH, Fla. — Half Price Cabinets, led by local expert Keith Grout, has published an essential home care guide identifying the five key warning signs of kitchen cabinet failure caused by South Florida’s high humidity and coastal air. The guide aims to help local homeowners identify hidden cabinet damage early and prevent costly full-scale emergency kitchen replacements. Pompano Beach kitchen design leader Keith Grout equips coastal homeowners with actionable insights to spot early cabinet failure, prevent structural damage, and save thousands on kitchen remodels.

Pompano Beach, Florida, United States, 30th Jul 2026 — Coastal weather, high humidity, and salt air take a severe, ongoing toll on South Florida home interiors. To help residents protect their properties, Half Price Cabinets—a premier kitchen remodeling company in Pompano Beach—has released a comprehensive homeowner guide highlighting the top five warning signs of cabinet degradation.

A recent 2026 industry survey revealed that nearly 60% of homeowners make emergency, reactive repairs only after structural failures occur—often resulting in double the cost of planned upgrades. In Pompano Beach, ambient humidity and coastal moisture accelerate the breakdown of subpar particle board cabinets, hinges, and countertop seals much faster than in national average climates.

“Most homeowners don’t notice cabinet failure until a door falls off or water creates irreversible swelling beneath their quartz or granite counters,” said Keith Grout, Founder and Key Person at Half Price Cabinets. “By learning to recognize early warning signs, Pompano Beach homeowners can prevent costly damage, salvage their layouts, and upgrade to durable, all-wood cabinetry before it becomes an emergency.”

The 5 Cabinet Warning Signs Pompano Beach Homeowners Should Watch For:

  1. Swelling, Delamination, or Warping Box Structures: Excessive coastal humidity and minor leaks cause inferior materials (like particle board) to expand, warp, and crumble.
  2. Sagging Shelves and Misaligned Doors: Strained hinges or soft wood frames signal that cabinet boxes are losing structural integrity and can no longer safely bear heavy dishware or stone tops.
  3. Discoloration, Mold, or Water Stains: Soft spots under the sink or persistent dark stains inside base cabinets point to hidden moisture, posing health risks and requiring immediate attention.
  4. Peeling Edges and Worn Finish Coating: Cracked paint, bubbling laminate, or flaking topcoats expose raw cabinet materials directly to South Florida’s humid air, dramatically accelerating wear.
  5. Cabinet Age Reaching 15–20+ Years: Aging, outdated cabinet boxes often fail to support modern, heavy quartz or granite countertops, making age a primary indicator that a refresh is necessary.

To help homeowners proactively address these issues, Half Price Cabinets offers Free In-Home Inspections and Design Consultations across Broward and Palm Beach counties. Homeowners can explore an extensive collection of all-wood white shaker cabinets, sleek euro cabinets, quartz, granite, polished edges, and undermount sinks directly inside their indoor showroom.

Schedule Your Free Consultation Today

Upgrading your kitchen doesn’t have to break the bank. Contact Keith Grout and the team at Half Price Cabinets to claim your free consultation:

  • Phone: (954) 890-2090
  • Website: https://halfpricecabinets.com/
  • Pompano Beach Showroom: 2300 W Copans Rd Suite #4, Pompano Beach, FL 33069
  • Business Hours:
    • Monday – Tuesday: 9:00 AM – 6:00 PM
    • Wednesday – Friday: 9:00 AM – 6:00 PM
    • Saturday: 10:00 AM – 5:00 PM
    • Sunday: 11:00 AM – 3:00 PM

About Half Price Cabinets

Half Price Cabinets is a locally owned and operated kitchen remodeling company based in Pompano Beach, Florida. Founded on the principle of providing factory-direct, high-end products without the big-box markup, Half Price Cabinets specializes in all-wood kitchen cabinets (including classic White Shaker and contemporary Euro styles), premium quartz and granite countertops, precise custom edges, and high-quality sinks. Led by industry expert Keith Grout, the company is dedicated to superior craftsmanship, fast turnaround times, and exceptional customer service—helping South Florida homeowners build their dream kitchens for up to 50% less.

Media Contact

Organization: Half Price Cabinets

Contact Person: Keith Grout

Website: https://halfpricecabinets.com/

Email: Send Email

Contact Number: +19548902090

Address:2300 W Copans Rd #4, Pompano Beach, FL 33069

City: Pompano Beach

State: Florida

Country:United States

Release id:47618

The post Half Price Cabinets Releases Expert Guide Identifying 5 Key Signs of Cabinet Deterioration in South Florida 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

file

About Author

Cloud PR Wire

See author's posts

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.

Continue Reading

Press Release

HepNSure Wins Product of the Year at Indian VETexpo 2026

Published

21 minutes ago

on

July 30, 2026

By

At Indian VETexpo 2026 HepNSure Crowned ‘Product of the Year 2025’ as Pet Natural Remedy Targets Growing Small Breed and Feline MarketWith urban pet parents increasingly choosing low-maintenance pets, the Ayush-approved medicines & natural supplements leader expands nationwide distribution for its award-winning liver support formulation.

Pet Natural Remedy has officially announced the national high-volume press rollout of its flagship metabolic formulation, HepNSure Tablet Natural Liver Care for Dogs & Cats . The announcement comes on the heels of a landmark industry victory, as HepNSure was officially named Product of the Year 2025 at the Indian VETexpo 2026.

The award recognizes HepNSure’s clinical effectiveness and innovative approach to animal hepatology, bridging the gap between traditional Ayurvedic wisdom and modern veterinary science. Following this national honor, Pet Natural Remedy is launching an aggressive distribution initiative focused on top metro markets and expanded veterinary clinic networks in Kolkata, Hyderabad, Bengaluru, and Chennai.

Capitalizing on the Shift Toward Small Breed Pets and Cats

As the global and Indian pet care markets continue to expand at a record pace, lifestyle dynamics in major metropolitan cities are shifting. Modern pet parents are increasingly preferring pets with lower maintenance costs and smaller spatial requirements, leading to a surge in the adoption of small breed dogs, puppies, and cats.

While smaller animals fit seamlessly into urban apartment living, their delicate metabolic systems make them particularly vulnerable to liver stress, dietary sensitivity, and toxin exposure. The nationwide push for HepNSure Tablets for Small Breeds and Cats directly addresses this growing demographic requirement.

“We noticed a clear evolution in consumer behavior across urban hubs,” said Ayush Agarwal, Business Head at Pet Natural Remedy. “Pet parents who care for small dogs, puppies, and cats needed a gentler, highly effective, and non-toxic liver support system that delivers genuine therapeutic benefits without harsh chemical side effects. Winning Product of the Year 2025 at the Indian VETexpo 2026 validates our belief that traditional science can meet the highest veterinary standards while serving the real-world needs of modern pet families.”

Clinical Precision in Liver Management

Our clinical proven results with HepNSure shows 50% & 75% reduction in Bilirubin & Liver marker levels. HepNSure Syrup is formulated specifically to tackle complex liver dysfunctions that commonly affect urban pets across all life stages. Developed in collaboration with veterinarians, nutrition experts, and researchers, the clinically proven formula provides comprehensive hepatoprotective support for:

  • Acute and Chronic Hepatitis: Supporting hepatic tissue repair and enzyme balance.
  • Hepatic Lipidosis (Fatty Liver) and Cirrhosis: Assisting in fat metabolism and cellular restoration.
  • Hepatic Fibrosis and Cholangiohepatitis: Reducing bile duct inflammation and scarring.
  • Toxin-Induced Stress and Loss of Appetite: Reversing sluggish digestion and restoring healthy food intake in recovery patients.

Unlike generic supplements that lack regulatory backing, Pet Natural Remedy’s Award-Winning HepNSure is manufactured in an ISO 9001:2015 certified and GMP-compliant facility, guaranteeing pharmaceutical-grade quality control in every bottle.

The Founder’s Vision: Safe Care for Furry Family Members

The story behind Pet Natural Remedy began with a simple, foundational question: “Why is it so difficult to find safe, effective, and trustworthy products for our pets?”

Recognizing that pet healthcare was filled with products relying on harsh synthetics or expensive imported alternatives that lacked local trust, the founders set out to create a science-backed petcare brand rooted in safety and transparency.

“Our philosophy is simple: effective, safe, and made with ingredients you can trust,” added Agarwal. “Every formulation we build stems from the conviction that our pets are not just animals. They are family, and they deserve the exact same standard of wellness innovation that humans enjoy.”

About Pet Natural Remedy

Pet Natural Remedy is a science-backed veterinary health and wellness brand dedicated to combining natural botanical active ingredients with clinical research. Operating out of ISO 9001:2015 and GMP-certified facilities with official Ayush approvals, the brand develops specialized supplements, grooming products, and therapeutic remedies designed to help pets live healthier, happier lives naturally.

To learn more about the VETexpo award-winning formula or explore retail and veterinary partnerships, visit PetNaturalRemedy.com.

Media Contact and Official Links

Media Contact

Organization: Pet Natural Remedy

Contact Person: Ayush Agarwal

Website: https://www.petnaturalremedy.com/

Email: Send Email

Contact Number: +918699929027

Address:Plot No. 5B, Veerasandra Industrial Area, 19th K.M. Stone, Hosur Road,

Address 2: Electronic City Phase II, Bengaluru, Karnataka – 560100.

City: Bengaluru

State: Karnataka

Country:India

Release id:47735

The post HepNSure Wins Product of the Year at Indian VETexpo 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

file

About Author

Cloud PR Wire

See author's posts

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.

Continue Reading

Press Release

MEXC Ventures Supports Alpha Arena’s APAC Debut at Coinfest Bali

Published

51 minutes ago

on

July 30, 2026

By

Mutsamudu, Comoros, July 30th, 2026, Chainwire

MEXC Ventures today announced its support for the expansion of Alpha Arena, a global esports-inspired live trading tournament, into the APAC region. As part of the partnership, MEXC Ventures will serve as the Main Sponsor of Alpha Arena S03, with TRIV serving as the Co-host.

The APAC-focused trading competition will bring participants from online qualification to a live final in Bali, Indonesia, on August 20, 2026. Taking place during Coinfest week, the event will bring together traders, creators, and regional Web3 communities through a season of competition, learning, and community engagement. Updates will be shared through the Alpha Arena X account, with live coverage available via the Alpha Arena livestream.

From Europe to APAC: Alpha Arena Enters Its Next Stage

Alpha Arena is a global live trading tournament that brings market competition into an offline, esports-inspired format. Previous editions were staged in European cities including Amsterdam and Berlin, combining real-time trading battles with a physical stage, livestream content, host commentary, and live audience interaction.

Alpha Arena S03 is expanding into APAC and scaling up its regional reach and competition format. More than 50 traders from three participating markets are expected to compete for a total prize pool of $100,000.

The season will feature performance-based selection, visible leaderboards, and 10 live pressure rounds. This structure gives participants a clear path to demonstrate their market awareness, risk management, consistency, and ability to make decisions under time constraints.

The Bali final will feature timed trading rounds, host commentary, livestream coverage, audience interaction, and a winner ceremony, bringing Alpha Arena’s esports-inspired format to one of APAC’s most active Web3 gatherings. 

By combining digital participation with an immersive live experience, Alpha Arena S03 gives traders a broader stage to test their capabilities while offering audiences a closer look at real-time market decision-making.

Supporting the Next Generation of Trading Talent

MEXC Ventures supports projects and initiatives that contribute to the development of the broader digital asset ecosystem. Beyond investing in emerging technologies and infrastructure, MEXC Ventures also recognizes the value of platforms that identify talent, encourage knowledge exchange, and create meaningful participation across the industry.

Alpha Arena’s focus on market decision-making, risk management, and talent development closely aligns with this approach. Through its sponsorship of Alpha Arena S03, MEXC Ventures aims to give emerging traders greater visibility and make trading knowledge more accessible through an engaging, audience-friendly format.

A Growing Regional Ecosystem

Alpha Arena S03 is co-hosted by TRIV and supported by a growing network of strategic, media, community, and tournament partners.

Strategic Partners include BeInCrypto, WuBlockchain, ChainCatcher, RootDataCrypto, and Tencent Cloud. Media Partners include BlockBeats, Odaily, BlockTempo, Bitcoin, PANews, and TechFlow.

Community Partners include Mochi Web3, Alpha Intel, One Percent, The Grind, and The Hideout. Tournament Partners include BitArcade, Remember Us, DTC Group, Crypto Esports League, and Supr Community.

Through its expanded APAC edition, Alpha Arena S03 will provide regional trading talent with greater exposure, introduce audiences to the discipline behind competitive trading, and establish a more visible platform for market education and participation.

About MEXC Ventures

MEXC Ventures is a comprehensive fund under MEXC dedicated to driving innovation in the cryptocurrency sector through investments in L1/L2 ecosystems, strategic investments, M&A and incubation. Upholding the principle of “Empowering Growth Through Synergy,” MEXC Ventures is committed to supporting innovative ideas and active builders in crypto. As an investor and supporter of TON and Aptos, MEXC Ventures looks forward to being at the forefront of TON and Aptos innovations and to actively partnering with builders to drive the ecosystem forward.

For more information, visit: MEXC Ventures Website

Contact

MEXC PR team
media@mexc.com

About Author

Cloud PR Wire

See author's posts

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.

Continue Reading

LATEST POST

Like Us
Follow Us
Subscribe Us
Follow Us