Day: August 20, 2021

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 th...

Introduction 2020 will be a significant year for blockchains, cryptocurrencies and even the whole. We experienced the COVID-19 epidemic, witnessed the rise of new cryptocurrency trading products, the growth of responses from Bitcoin and Ethernet Square, and many blockchain protocols began to mature and expand their practical application space during the year. In addition, the US Congress and central banks are closely watching the benefits of blockchain and digital assets, experimenting with the issuance of official digital currency. The world’s leading financial companies are building blockchain programs and ecosystems, and instead of slowing down, this wave is becoming more and more intense.    The advanced blockchain technology is inseparable from a perfect and excellent ecosys...