Connect with us

Press Release

Glory Star to boost revenue with blockchain, AI technologies

Published

on

Shares of Glory Star New Media Group, a Nasdaq-listed digital media platform and content provider in China, are expected to regain an upward momentum due to the company’s strong revenue growth and the use of blockchain and artificial intelligence (AI) technologies in its systems.

According to a recent research report released by Dongxing Securities (Hong Kong), it is expected that Glory Star will achieve a 50% year-on-year revenue growth in 2021, compared with a 16.72% increase in 2019 and an 88.16% growth in 2020.

Last year, the Beijing-based company’s advertising revenue surged 116% from 2019, representing 84.6% of the company’s total revenue. In this segment, the company will probably outpace its peers, which are expected to grow by 24% on average this year, thanks to its strategy of attracting users with high-quality video content, said the report.

Dongxing Securities has initiated research coverage of Glory Star with price-to-sales ratio of 2.21, a corresponding price target of US$6.05 per share, and a rational valuation of US$409 million for the next 12 months.

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 signature lifestyle video series, namely Cheers, in 2017 and its Cheers App, in 2018 to integrate e-commerce services with professionally generated content (PGC).

During the first quarter of this year, the number of downloads for the Cheers App exceeded 192 million while the number of daily active users reached 7.1 million. The number of stock keeping units (SKUs) on its Cheers e-Mall platform amounted to 36,887 with a gross merchandise value of 432 million yuan (US$66.35 million).

On May 6, 2021, the company announced that it had separated the operation of its Cheers e-Mall from its Cheers App and that it would operate the e-Mall platform independently going forward.

Dongxing Securities expected that sales on Cheers e-Mall would double this year from 2020, given that the overall PGC e-commerce markets would achieve a compound annual growth rate of 32.5% between 2020 and 2024. It said Cheers e-Mall and Cheers App had become the two strongest growth engines of Glory Star.

The brokerage firm added that Glory Star had explored many new ways to monetise its online traffic by forming partnerships with internet giants including Alibaba, JD.com, iFlytek and ByteDance and extending to new areas such as AI speech recognition, augmented reality, mobile payment and new energy vehicles. It said these synergies would continue to help boost the value of the company’s online traffic.

Univest Securities has also initiated research coverage of Glory Star with a “buy” rating and US$6.5 price target. It said the company’s new approach to the e-commerce sector and production of high-quality video content would help it realise outsized earnings in the coming few years.

“We do not agree with the current valuation which implies that Glory Star is trading at only 0.9 times 2021 sales multiples versus the peer group target of 3.5 times,” James Jang, Director of Research at Univest Securities. “The company has a demonstrated track record of top-line growth and profitability and its novel approach to the e-commerce segment should allow it to monetise additional assets, such as gaming, to realise greater market share.”

Univest Securities said Glory Star was currently operating under a new model by offering interactive live streaming events to push sales while such model would help boost the return of investment (ROI) for the company’s partners. It added that the company’s professionally scripted and produced programs would give viewers a better sense of security around the target merchandise.

About Author

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

“KNEELING ON BROKEN GLASS: The Chronicles of Ezekiels Riders” – A Journey of Faith and Service Launches This Easter Sunday

Published

on

–News Direct–

This Easter Sunday, as we celebrate the resurrection and the promise of renewal, Great Commission United is thrilled to announce the release of "KNEELING ON BROKEN GLASS: The Chronicles of Ezekiels Riders." This compelling new book, authored by Joseph Palumbo and William Hodge, is a testament to the power of faith, the strength of the human spirit, and the profound impact of serving others in the name of Christ.

In a world craving hope and spiritual nourishment, "KNEELING ON BROKEN GLASS" arrives as a beacon of light. The book chronicles the journey of the Ezekiel Riders, a group of chaplains committed to fulfilling the Great Commission through acts of service and discipleship across the globe. From the streets of local communities to the far reaches of the world, their mission is a powerful reminder of the impact one can make when led by faith and compassion.

About the Authors:

Joseph Palumbo is a dedicated servant leader whose life has been a testament to the transformative power of faith and service. With over five decades of ministry, Joseph's journey from a U.S. Military Police officer to a founder of a coffee shop ministry showcases his unwavering commitment to helping those in need.

William Hodge's path from aspiring police officer to a beacon of hope and restoration underscores the remarkable ways in which faith can change lives. William's divine encounter at a young age set him on a lifelong mission to spread the message of salvation and healing, culminating in his leadership of Great Commission United Chaplaincy and Discipleship Academy.

He Has Risen, Hallelujah:

Launching on Easter Sunday, "KNEELING ON BROKEN GLASS" is not just a book release; it's an invitation to be part of a movement that echoes the message of Easter – renewal, hope, and the promise of new life. As we commemorate the resurrection, let this book inspire you to rise above challenges, serve with love, and embark on your own journey of faith.

Be Part of the Journey:

Join Joseph Palumbo, William Hodge, and the Ezekiel Riders in their mission to spread the Gospel and serve those in need. "KNEELING ON BROKEN GLASS" is now available at www.kneelingonbrokenglass.com. Purchase your copy today, share your story, and discover how you can make a difference in the world, one act of faith at a time.

For more information, to request a review copy, or to schedule an interview with the authors, please contact [email protected].

Website: www.kneelingonbrokenglass.com

For Press Inquires:

AlphaBull PR

(800) 530-0412

www.Pubcowire.com

Contact Details

Great Commission United Publishing

William Hodge

+1 888-428-0098

[email protected]

View source version on newsdirect.com: https://newsdirect.com/news/kneeling-on-broken-glass-the-chronicles-of-ezekiels-riders-a-journey-of-faith-and-service-launches-this-easter-sunday-521162769

Kneeling on Broken Glass

comtex tracking

COMTEX_450028680/2655/2024-03-29T09:06:24

About Author

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

WebWise Pad Launchpad: A Profitable Solution for Start-ups and Users

Published

on

New York, NY – 29/03/2024 – (SeaPRwire) – WebWise Pad is an online platform that allows users to invest in promising projects during private rounds under exclusive conditions similar to those offered to venture funds, which are inaccessible to ordinary investors.

The platform’s uniqueness lies in its user-friendly participation conditions. The launchpad offers users the opportunity to invest in private rounds with just a few clicks through the WebWise Telegram Wallet. Additionally, it does not have its own token – simply holding USDT in the wallet is sufficient for participation.

The project independently searches for and selects the best startups, engages in partnerships and discussions with dozens of venture funds, and negotiates the most advantageous terms for WebWise Pad users.

WebWise Pad consists of two interacting elements:

1. The WebWise Pad website – a platform for launching new projects.

2. The WebWise Wallet Telegram bot – a multifunctional cryptocurrency wallet created on the Telegram platform. The main priorities of WebWise Wallet are convenience, speed, confidentiality, anonymity, and data security.

Thus, WebWise provides its users with a secure cryptocurrency wallet integrated into a well-known messenger. All interactions on the platform take place within the WebWise Wallet Telegram bot. WebWise Pad is informational and does not collect user data. On the platform, you will find links to projects for participation through WebWise Wallet.

WebWise Pad offers a unique opportunity for users to invest in Initial Wallet Offerings (IWOs) during private rounds.

Why is investing in IWOs through WebWise Pad advantageous? The strengths and advantages of IWOs on WebWise Pad for investors include, firstly, the transparency of the platform’s investment procedures and, secondly, the security of the investments themselves. Both are guaranteed by the platform’s strict standards for projects allowed to list their tokens on the platform, as well as by a fair distribution method based on the amount of USDT held in the wallet balance.

In comparison to other platforms like Coinlist, where users have to create huge “farms” of accounts just to receive one allocation out of every hundred, WebWise Pad’s innovative investment approach allows everyone to participate in early investing. Investors can participate in IWOs without having to connect multiple wallets to their account. Investing becomes extremely simple and convenient since all interactions take place within the Telegram bot.

From 26.03.2024 to 27.03.2024, the first closed sale took place, closing in less than 24 hours. 146 users participated, subscribing to $47,800 worth of tickets. The first project was Plena Finance – a crypto application that allows users to buy, store, and transact cryptocurrencies, as well as invest in over 100,000 cryptocurrencies and easily interact with 150+ decentralized applications.

The next sale is planned for the near future. A well-known strong project with strong investors and partnerships has been selected.

With WebWise Pad, users can easily and safely invest with venture funds in closed rounds of Web3 projects starting from USDT 50.

You can read more about using WebWise Pad here: https://docs.webwisewallet.com/webwise-wallet/webwise-telegram-wallet/webwise-pad

 

Social Links

X: https://twitter.com/WebwisePad

WebWise Wallet: https://t.me/webwisewallet_bot

Telegram Channel: https://t.me/WebwisePad_channel

Telegram Channel CIS: https://t.me/WebwisePad_channel_cis

Media Contact

Brand: WebWise Pad

Contact: Media contact

Email: [email protected]

Website: https://webwisepad.com/

SOURCE: WebWise Pad

 

The article is provided by a third-party content provider. SeaPRwire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith.

Sectors: Top Story, Corporate News

SeaPRwire provides real time press release distribution for companies and organizations to 6,500+ media outlets & 3.5 million professional desktops in 90 regions. It distributes press releases in different languages, including: IndonesiaFolk, IndoNewswire, SEATribune, IDNewsZone, LiveBerita, DailyBerita, TaiwanPR, SinchewBusiness, AsiaEase, BuzzHongKong, SingapuraNow, TIHongKong, TaipeiCool, TWZip, AsiaFeatured, dePresseNow, THNewson, KULPR, VNFeatured, MENAEntry, HunaTimes, DubaiLite, ArabicDir, BeritaDaring, TekanAsia, JamKopi

About Author

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

ProfitRocket AI Unveils Its Game-Changing DeFi Platform with Community-Focused Innovations

Published

on

Portland, Oregon, 29th March 2024, ZEX PR WIRE, ProfitRocket AI has emerged as a groundbreaking force in the decentralized finance (DeFi) landscape, marking its territory with a significant relaunch that introduces a host of enhancements aimed at transforming the cryptocurrency investment experience. At the heart of its innovative push is the integration of AI-driven trading algorithms designed to optimize investment strategies and maximize returns for the community.

The relaunch celebrates a comprehensive overhaul that brings to the forefront a new, community-oriented focus, an ongoing presale event for its native PRAI tokens, and an engaging airdrop campaign. ProfitRocket AI’s platform is not just about leveraging the potential of artificial intelligence; it’s about reshaping how individuals engage with the crypto market, making decentralized finance more accessible, transparent, and profitable.

Central to this reinvigorated approach is the platform’s AI-powered trading bots, which are the linchpin in democratizing investment opportunities and offering both seasoned and novice investors unprecedented avenues for passive income. By integrating cutting-edge technology, ProfitRocket AI not only simplifies the investment process but also ensures optimal performance and enhanced profit margins for its members.

The relaunch also showcases a redesigned website that epitomizes digital craftsmanship, featuring a streamlined, one-page layout that prioritizes user experience and accessibility. This transformation addresses previous complexities, making it easier for users to navigate and participate in the ProfitRocket AI ecosystem.

In terms of financial incentives, ProfitRocket AI introduces a revolutionary profit-sharing model, returning 75% of the profits generated by its trading bots back to the token holders. This approach, coupled with a pioneering Loss Protection protocol, underscores the platform’s commitment to transparency and investor security, ensuring that members are protected against the market’s volatility.

Moreover, the platform has been fortified with robust security measures, including token locks and multi-signature wallets, reflecting a steadfast dedication to safeguarding community assets. Additionally, the opportunity for staking rewards presents an enticing prospect for investors looking to further their contribution to the network’s stability and growth.

ProfitRocket AI’s native token, PRAI, with a total supply of one billion tokens, forms the backbone of its ecosystem. The tokenomics are designed to foster a sustainable and thriving community, with transaction fees contributing directly to a transparent community investment pool managed by the AI bots. This not only enhances the investment strategy but also ensures a fair and rewarding experience for all participants.

The platform’s community-driven ethos is further exemplified by its plans to transition to 100% community governance within its first year, an ambition that places investors’ interests at the forefront of its development strategy. With a fully audited framework and a completed KYC process with BlockSafu, ProfitRocket AI stands as a paragon of trust and efficiency in the DeFi space.

As ProfitRocket AI soars to new heights, it invites the global community to partake in a DeFi experience like no other. Its relaunch is a testament to the team’s unwavering commitment to innovation, excellence, and the democratization of cryptocurrency investing, making it a beacon of hope for a more inclusive and profitable future in the digital finance realm.

Learn more about Profit Rocket AI:

Website | Telegram | X (Twitter) | Discord | Facebook | Instagram

About Author

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