Press Release
Glory Star expected to further increase profitability
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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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.
52-54 Lime St, London, EC3M 7AF, United Kingdom, STG Energy, a well-known player in the cryptocurrency cloud mining space, has recently launched a groundbreaking expansion of its cloud mining offerings. As a certified hash provider with facilities in several countries including the UK, Iceland, Kazakhstan and Canada, STG Energy’s latest development will change the cryptocurrency mining landscape by making it possible for everyone to participate and profit.
Founded in February 2017, STG Energy has been at the forefront of providing cloud mining solutions. Currently, the company serves more than 4,000,000 customers worldwide and has stepped up its efforts to democratize the mining industry. STG Energy has launched a range of affordable cloud mining plans that do not require a large upfront investment and technical expertise, making it easy for anyone interested in cryptocurrency mining to get started.
New users can get $15 immediately upon registration and enjoy automatic daily payouts. STG Energy’s products cover a variety of crypto contracts and include a strong affiliate program with lifetime rewards of 7%. In addition, all of these services come with 24/7 online support and high-end security features, including DDoS and SSL protection systems, ensuring a safe mining environment.
STG Energy offers a variety of investment options, designing profitable packages suitable for a variety of investors, from entry-level mining packages priced at $15 to advanced Filecoin mining packages priced at $35,000. These plans offer fixed returns and have specific validity, ensuring that investors can take advantage of the growing popularity of various cryptocurrencies.
Cloud Mining Packages
The main difference between STG Energy and other platforms lies in the mining packages and profits. By providing state-of-the-art blockchain technology and a user-friendly interface, STG Energy makes it easier for any user to participate in the lucrative world of cryptocurrency mining. The most outstanding part of STG Energy is that it provides daily payouts of profits, and users can withdraw money quickly. Some of the most important packages include:
“Crypto mining shouldn’t be a luxury, but a possibility that is within everyone’s reach. STG Energy is constantly pushing boundaries to make this a reality. Our affordable cloud mining plans are a testament to our mission to democratize cryptocurrency mining, giving everyone the opportunity to join the crypto revolution without having to worry about high upfront costs or technical complexities,”
STG Energy’s secure, easy-to-use platform also allows users to easily withdraw their earnings, making the cloud mining journey seamless from start to finish. “Our commitment to security and convenience extends to our user-friendly interface, which makes it easy for even novice miners to operate,”
In addition, STG Energy’s unique referral system allows customers to invite friends and earn up to 7% commission for each successful referral purchase. This feature increases customer revenue and helps expand the STG Energy user community.
About STG Energy
Founded in February 2017, SITA GLOBAL MINING OPPORTUNITIES, LP (STG) is a world-class cloud mining service company headquartered in the UK. Over the years, our business has expanded to multiple countries including the United States, Canada, Iceland and Kazakhstan, where we operate hundreds of mining farms. Our members come from more than 160 countries and regions, with a global user base of more than 4 million.
To earn money with STG Energy, please visit https://stgenergy.com/
Company Twitter (X): https://x.com/stg_energy?s=11&t=_JMGP6uIUnhIkS9YYXa0xQ
Media Contact Information:
Company Name: STG Energy Investment Company
Company Email: support@stgenergy.com
Company Official Website: https://stgenergy.com/
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.
United States, 21st Feb 2025, – EstateSlice NFT is an innovative platform leveraging NFT (non-fungible token) technology on the Binance blockchain (BEP20) to democratize real estate investment. By enabling fractional ownership, this platform allows investors to participate in real estate projects without the need for significant capital while benefiting from the transparency, security, and traceability provided by blockchain technology. The minimum investment amount is set at $500.
Rental Income
EstateSlice NFT offers investors the opportunity to generate passive income through fractional ownership of real estate properties. Rental income is distributed transparently to NFT holders on a periodic basis, typically monthly. Investors can monitor asset performance in real time through the platform’s interface.
Referral Program
EstateSlice NFT features a referral program designed to enhance user engagement and community growth. Referrers receive a 5% commission on the investments made by their referrals, fostering an interconnected network of investors while promoting platform expansion.
Blockchain Integration with Binance
The Binance blockchain underpins EstateSlice NFT, ensuring high-speed transactions, enhanced security, and minimal transaction fees. This infrastructure facilitates frequent investments and fast withdrawals. Each real estate asset is tokenized as an NFT, preserving transaction history with immutability and transparency. Investors benefit from seamless purchases, sales, and transfers of property ownership.
The scalability of the Binance blockchain enables EstateSlice NFT to accommodate a growing investor base efficiently while maintaining low-cost and rapid transactions.
Expanding Investment Opportunities
EstateSlice NFT redefines real estate investment by combining blockchain technology with accessible fractional ownership. With structured rental income, a performance-based referral program, and the security of decentralized transactions, the platform presents new diversification opportunities for investors seeking stable returns.
NFT properties are available for purchase at EstateSlice NFT, with listings starting at $500. Follow EstateSlice NFT’s social channels for real-time updates:
Twitter: http://x.com/EstateSliceNFT
Telegram: https://t.me/EstateSlice
Instagram: https://www.instagram.com/estateslicenft/
Media Contact
Organization: Estate Slice NFT
Contact
Person: Estate Slice NFT
Website:
https://estateslicenft.com/
Email:
contact@estateslicenft.com
Country:United States
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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.
Press Release
The Effects of Ashwagandha on Academic Performance, Announced by the Stanford University Sleep Research Institute
United States, 20th Feb 2025, – On January 13, 2024, the Stanford University Sleep Research Institute published study results indicating that ashwagandha can positively affect sleep, thereby boosting students’ academic performance and overall work productivity. According to the study, ashwagandha is often referred to as a natural stress reliever and may have beneficial effects on the human body.
Studies on cognitive enhancement have shown that compared to the non-supplement group, those who took ashwagandha experienced a 51.7% improvement in logical memory and a 17.1% increase in verbal associative memory over an eight-week period. (Intake period: 8 weeks / Choudhary, D., Bhattacharyya, S., & Bose, S. (2017). Efficacy and safety of Ashwagandha (Withania somnifera (L.) Dunal) root extract in improving memory and cognitive functions. Journal of dietary supplements, 14(6), 599-612.)
Ashwagandha is a natural plant that has been used for centuries in traditional Ayurvedic medicine. In recent years, its various health benefits have been scientifically studied, aligning with the findings of this research. It is particularly known for reducing stress, improving sleep, and enhancing cognitive function. One of its key features is that it provides these benefits without adverse side effects.
Stress is known to be one of the factors that hinder learning efficiency. Ashwagandha helps reduce stress and anxiety by lowering cortisol levels, the hormone associated with stress. In particular, it has shown remarkable efficacy in improving cognitive function, memory, and concentration. One report suggests that taking ashwagandha twice daily for eight weeks led to significant improvements in general memory, executive function, sustained attention, and information processing speed.
In particular, the compounds withaferin A and withanolide D in ashwagandha are cited as the main factors that help reduce stress and improve cognitive function, both of which contribute to better academic performance. Furthermore, published findings indicate that these compounds are also highly effective in treating insomnia, often viewed as an incurable ailment among students and modern individuals.
Ashwagandha plays a crucial role in regulating various hormones. It helps lower stress levels by reducing cortisol secretion. Additionally, it supports weight management by regulating ghrelin, the hormone responsible for appetite, and leptin, the hormone that signals fullness. and depression by modulating serotonin levels. Finally, it is believed to improve chronic fatigue and lethargy by supporting adrenal function. Through these mechanisms, ashwagandha significantly relieves insomnia.
As a result, ashwagandha’s ability to enhance sleep quality is seen as an important factor in stimulating brain function among growing students. By improving physical condition and relieving stress, it helps create an optimal environment for maximizing concentration and absorbing new information.
A health supplement formulated with L-theanine, magnesium, and ashwagandha first gained attention in Palo Alto, California, a region known for its strong academic culture. It has since expanded its availability across the United States.
In particular, parents in Palo Alto have been spreading the word about the supplement’s ability to reduce stress and enhance learning abilities in students, making it increasingly popular. One parent shared in a local interview, “I noticed a clear improvement in my child’s concentration after he started taking it” and added, “He now takes it consistently every day.”
According to industry sources, the supplement is currently being distributed primarily through major pharmacies in the U.S. and plans to expand into larger retail outlets and online marketplaces in the near future.
Media Contact
Organization: Nukhan
Contact person: James Robert
Website: https://www.nukhan.co.kr/goods/goods_view.php?goodsNo=1000000108
Email: parkjangho47@naver.com
Country: United States
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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