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CONTI announces 2024 first quarter financial report and Paris Olympics deployment plan

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CONTI, one of the world’s leading streaming platforms, today released its first quarter 2024 financial report. The report shows that CONTI achieved solid financial performance in the past quarter, with net profit reaching a new high and revenue continuing to grow, laying a solid foundation for the company’s future development.

According to the financial report, CONTI achieved total revenue of US$19.6 million in the first quarter of 2024, a slight increase compared to the previous quarter. Among them, subscription service revenue reached $8.5 million, advertising revenue was $3.2 million, copyright revenue was $4.6 million, derivative revenue was $1 million, and digital media revenue was $2.3 million. The company’s total expenses compared to revenue were $8.4 million, including publicity and marketing expenses, copyright and licensing fees, distribution expenses, administrative expenses and other expenses.

 

 

The financial report also showed that CONTI achieved significant growth in net profit, reaching $11.2 million, an increase of 12% from the previous quarter. This performance reflects the company’s steady business growth and effective cost control. The company expects to further increase subscription services, advertising and copyright revenue in the future, and will continue to strengthen cost management to maintain good profit margins.

CONTI’s Chief Financial Officer said: “We are very pleased with our results for the first quarter of 2024. Our revenue continued to grow and net profit reached an all-time high, demonstrating the strong performance of our business and the potential for sustainable growth. We will continue to We are committed to providing high-quality streaming services, expanding our user base, and creating more value for our shareholders.”

In addition, CONTI also announced its business forecast for the full year 2024. The company expects to continue to increase investment in subscription services, advertising and copyright revenue, and further increase digital media and derivatives revenue. At the same time, the company will continue to strengthen cost management to ensure the sustainable development and profitability of the business.

CONTI joins hands with the 2024 Paris Olympics to create a sports legend

As a leading streaming media platform, CONTI recently announced that it will work closely with the Paris Olympic Games to bring users an unprecedented sports feast. In this in-depth cooperation, CONTI will actively strive for more advertising cooperation to provide wider exposure opportunities for the Paris Olympics.

 

 

In addition to cooperating with organizers, CONTI has also conducted in-depth business negotiations with a number of well-known companies to jointly discuss the future development trends of the streaming media industry and provide users with richer content and better experiences.

During the Olympic Games, CONTI will capture the wonderful moments of each athlete and plans to produce a series of inspirational autobiographical films to tell the story of each Olympic champion. Every Olympic Games breeds countless legends and continues the spirit of sports. CONTI will present these touching stories with heart to inspire more people to move forward and chase their dreams.

Utilizing the powerful big data analysis capabilities of the CONTI platform, we will provide viewers with event data analysis to help users gain a deeper understanding of each game and athlete performance. At the same time, we will also set up a special area for the 2024 Olympic Games to integrate Olympic-related music, movies, sports events and other content to create a one-stop Olympic experience for users.

Looking to the future, CONTI will continue to increase investment in content production, technology research and development, and marketing to further enhance user experience and expand market share. CONTI expects to continue its solid growth in 2024 as its user base grows and its content library expands.

Company Details

Organization: Conti International Culture

Contact Person: Media Relations

Website: https://alconti.com/

Email: support@alconti.com

Country: United Kingdom

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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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Promotional Product Experts: One-Stop Destination for High-Quality Branded Business Products Across Australia

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Australia, 25th Nov 2024 – Promotional Product Experts, a leading provider of custom-branded business promotional products, is redefining how companies across Australia promote their brands. Offering a diverse range of items with professional printing and embroidery services, the company ensures businesses can create impactful and cost-effective promotional campaigns.

Whether you’re looking for a simple ballpoint pen or a large golf umbrella, Promotional Product Experts guarantees value, quality, and precision across all items. The company also offers a wide variety of branded corporate promotional materials, including keyrings, clothing and apparel, coffee mugs, bags, satchels, and more. Businesses in major cities such as Brisbane, Melbourne, Sydney, Perth, and Adelaide can benefit from these top-tier services.

A Seamless Experience for Your Brand’s Promotional Needs

Promotional Product Experts understands the importance of delivering exceptional service. The website is designed for ease of use, allowing customers to browse a comprehensive catalog of products and request quotes effortlessly. The team provides accurate artwork specifications tailored to individual items, ensuring the final product exceeds expectations.

“We pride ourselves on providing not only high-quality promotional products but also a seamless and efficient experience for our clients,” said Gavin Sekler, spokesperson for Promotional Product Experts. “From concept to delivery, we’re committed to proactive customer service and timely delivery for complete peace of mind.”

Innovative Product Offerings for Every Need

The company specializes in a variety of promotional products, including:

  • Corporate Cheese Sets: Add a touch of sophistication to your branding with promotional cheese boards. Explore options at Corporate Cheese Sets.
  • Corporate Umbrellas: Make a lasting impression with high-quality branded umbrellas. Learn more at Corporate Umbrellas.

These products are carefully curated to enhance a brand’s visibility while maintaining a professional image.

Reliable Delivery and Expert Support

Promotional Product Experts is committed to delivering a hassle-free experience. With a proactive customer support team just a phone call away, the company ensures businesses can navigate the entire process smoothly. Whether it’s addressing queries or assisting with artwork, the team is dedicated to providing unparalleled support.

Why Choose Promotional Product Experts?

  • High-quality corporate promotional merchandise.
  • Affordable and effective branding solutions for businesses.
  • Proactive customer service and reliable delivery across Australia.
  • Easy-to-navigate website for convenient browsing and quoting.

Businesses seeking impactful promotional products can trust Promotional Product Experts to deliver excellence at every step.

Get Started Today

Join the many Australian companies that have enhanced their brand visibility with Promotional Product Experts. Visit www.promotionalproductexperts.com.au to explore the range of promotional business products and request your quote today.

About Promotional Product Experts

Promotional Product Experts is a trusted provider of high-quality promotional merchandise, specializing in professionally branded business items to meet the marketing needs of companies across Australia. With years of experience in the industry, the company has established itself as a leader by offering a diverse range of products combined with exceptional customer service. Whether for corporate events, employee giveaways, or marketing campaigns, Promotional Product Experts delivers innovative solutions that leave a lasting impression.

Media Contact

Organization: Promotional Product Experts

Contact Person: Gavin Sekler

Website: https://www.promotionalproductexperts.com.au/

Email: Send Email

Country: Australia

Release Id: 25112420419

The post Promotional Product Experts: One-Stop Destination for High-Quality Branded Business Products Across Australia appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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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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DuckChain Mainnet Launch: Bridging Web2 and Web3 with ISO Innovation

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Last year, Paradigm’s CTO Georgios Konstantopoulos pointed out the inefficiencies in how crypto chains and assets work together via one of his tweets. His thoughts highlighted a major issue in Web3 adoption: complexity.

This native model has become a big hurdle in mass adoption of web3. Even completing one single transaction at times requires too many complex steps Just to make a transaction on a new Layer 1 or Layer 2, a user needs to create an account, securely store the private key or seed phrase, buy gas tokens via a centralized exchange, or bridge assets from another chain-just to start interacting with the new ecosystem.

This process can overwhelm traditional users used to simple “plug-and-play”systems. Thankfully, Web3 builders are introducing “execution-free” solutions to make onboarding easier.

DuckChain: Bridging Web2 and Web3 with ISO

DuckChain is leading the way of this evolution. As the first consumer-grade Layer solution on The Open Network (TON), DuckChain introduced the innovative concept of ISO (Initial Star Offering). This allows users to convert Telegram Stars into on-chain Star assets, bridging Web2 and Web3 seamlessly.

This unique feature makes DuckChain the key to onboarding millions of Telegram users into Web3. It also connects TON with EVM and Bitcoin ecosystems, boosting liquidity and bringing developers to TON.

The market has also recognized DuckChain’s narrative and growth potential.

DuckChain’s Testnet Achievements

DuckChain’s testnet was a massive success:

  • Daily Active Users: Over 2 Million on MiniApps
  • Total Transactions: 29 million
  • User Deposits: $2 million from Web2 users
  • Paying Users: 1 Million
  • Partners: Supported by 20+ partners like Arbitrum and OKX

With the mainnet launch, DuckChain is all set to accelerate Telegram’s evolution into a super app and open a portal connecting the Web2 and Web3 worlds.

ISO: Introducing Telegram Stars as Unified Gas for Chain Transactions

DuckChain, the first TON-based Layer solution built on Arbitrum Orbit, positions itself as a consumer layer. Its mission is to onboard nearly a billion Telegram users to blockchain infrastructure.

Today, most blockchains use their native tokens as gas fees which means users need different tokens for various ecosystems, which makes cross-chain transactions complicated. DuckChain solves this by creating a unified gas system through ISO (Initial Star Offering). With ISO, Telegram Stars can easily be turned into on-chain assets to pay gas fees.

DuckChain’s new mainnet supports assets for on-chain activities. Future updates will also add features like account and chain abstraction to make transactions even easier.

Telegram Star, the native token for the Telegram ecosystem, simplifies payments for services and goods. It can be purchased directly with Apple Pay or Google Pay without needing third-party platforms. Both Web2 and Web3 users can use Telegram Stars within DuckChain, making transactions simple and accessible.

This system not only connects Web2 and Web3 users but also opens doors for wider use of decentralized finance (DeFi) within Telegram’s ecosystem.

DuckChain: Enabling Telegram’s Super App Ambitions

Telegram has integrated with TON and launched MiniApps, aiming to become a Web3 super app.

However, building a mature Web3 ecosystem requires three essentials: user traffic, liquidity, and a thriving ecosystem.

Currently, the Telegram ecosystem faces 3 key challenges:

  1. A predominantly off-chain user base of nearly 1 billion.
  2. A TVL of $300M concentrated in TON and stablecoins, indicating liquidity shortages.
  3. Complex development frameworks which slows developer participation.

DuckChain addresses these challenges through ISO, liquidity hubs, and modular development tools.

TON’s Liquidity Hub

EVM-compatible chains currently hold 80% of the total $100 billion in DeFi, while Bitcoin assets represent a large, untapped $1.8 trillion market. TON’s ecosystem, however, faces liquidity shortages. DuckChain, built on Arbitrum Orbit, connects TON with EVM-compatible ecosystems for seamless interoperability.

Moreover, it integrates deeply with Bitcoin L2 solutions, such as Babylon, making it a crucial bridge for TON’s liquidity and value exchange.

DuckChain’s mainnet introduces solutions like multi-chain and liquidity abstraction, enabling users to pay gas fees using various tokens, including TON and Telegram Star. It also incentivizes TON staking through DuckChain, offering annual yields and facilitating liquidity flow between ecosystems.

Modular Tools for Developers

To overcome TON’s development complexity, DuckChain collaborates with Arbitrum to provide an EVM-compatible framework, simplifying the creation, deployment, and migration of applications. Developers can leverage staking, marketplaces, DID systems, and other modular tools to build scalable dApps, seamlessly integrated with Telegram MiniApps.

DuckChain has already attracted over 50 ecosystem projects, fueling early-stage growth in TON’s application layer.

Soda Lee

https://duckchain.io/

info@duckchain.io

SOURCE: DuckChain

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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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Dark Academia Fashion – The Ultimate Online Destination for Fashion, Aesthetic and Clothes

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Dark Academia Fashion offers quality products for those who cherish classic style and the beauty of Dark Academia.

New York, New York, United States, 25th Nov 2024 – Introducing Dark Academia Fashion, a new online store crafted for lovers of Dark Academia Aesthetic. This carefully curated selection of clothing, accessories, and decor allows visitors to step into a world of intellectual charm and classic elegance, inspired by ivy-clad campuses, timeless literature, and scholarly sophistication.

Dark Academia fashion is more than just a look—it’s an aesthetic that reflects a love for knowledge, art, and classic style. At our Fashion Shop, discover wool blazers, cozy sweaters, pleated skirts, and accessories like leather-bound notebooks and vintage-inspired jewelry, each evoking the moody allure of academia.

What’s on Offer?

Our shop offers a variety of products carefully tailored to each aspect of the Dark Academia aesthetic, including:

Clothing: From tweed blazers and high-waisted trousers to cozy wool sweaters and pleated skirts, our clothing line combines classic cuts with vintage-inspired designs. Each item is crafted to fit seamlessly into the wardrobe of anyone who appreciates understated elegance and academic style.

Accessories: The right accessories can elevate any look, and we offer a range of items designed to complement the Dark Academia wardrobe. Think vintage brooches, leather-bound notebooks, tortoiseshell glasses, and more to complete your look.

Home Decor: A true Dark Academia aesthetic is incomplete without a space that reflects the same mystery and intellectual charm. Our decor selection includes antique-style bookends, brass candle holders, and framed artwork inspired by classic literature and Renaissance art—perfect for creating an atmosphere reminiscent of a time gone by.

To celebrate the launch, Dark Academia Fashion is hosting a virtual event featuring live styling sessions, exclusive product previews, and special giveaways. Register for free on our website and follow us on social media for updates.

Media Contact

Organization: Dark Academia Fashion

Contact Person: Customer Support

Website: https://darkacademiafashion.com

Email: Send Email

Address: 815 Liberty Ave

City: New York

State: New York

Country: United States

Release Id: 25112420415

The post Dark Academia Fashion – The Ultimate Online Destination for Fashion, Aesthetic and Clothes appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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.

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