CHEERS

Cheer Holding Unveils Captivating Original AI Animation "Wasteland"

Retrieved on: 
Tuesday, April 9, 2024

BEIJING, April 09, 2024 (GLOBE NEWSWIRE) -- Cheer Holding, Inc. (NASDAQ: CHR) ("Cheer Holding," or the "Company"), a leading provider of advanced mobile internet infrastructure and platform services, today announced the highly-anticipated release of its original AI-powered animation, "Wasteland."

Key Points: 
  • BEIJING, April 09, 2024 (GLOBE NEWSWIRE) -- Cheer Holding, Inc. (NASDAQ: CHR) ("Cheer Holding," or the "Company"), a leading provider of advanced mobile internet infrastructure and platform services, today announced the highly-anticipated release of its original AI-powered animation, "Wasteland."
  • Drawing upon the remarkable capabilities of Cheer Holding's cutting-edge AI model, "Polaris Intelligent Cloud (the “Polaris)," every aspect of "Wasteland" - from concept design to mesmerizing animation sequences - is brought to life through the ingenious power of CHEERS Telepathy, the Company's generative AI technology.
  • The result is a captivating visual experience characterized by seamless transitions, consistent narrative coherence, and unparalleled production quality.
  • It heralds a new era of immense practical applications within the vibrant landscape of domestic AI graphics and computing, offering boundless possibilities for creative expression in the animation, short film, movie production, and advertising design industries.

Cheer Holding Reports Full Year 2023 Financial Results

Retrieved on: 
Thursday, March 14, 2024

BEIJING, March 14, 2024 (GLOBE NEWSWIRE) -- Cheer Holding, Inc. (NASDAQ: CHR) ("Cheer Holding," or the "Company"), a leading provider of advanced mobile internet infrastructure and platform services, today announced its financial results for the full year ended December 31, 2023.

Key Points: 
  • BEIJING, March 14, 2024 (GLOBE NEWSWIRE) -- Cheer Holding, Inc. (NASDAQ: CHR) ("Cheer Holding," or the "Company"), a leading provider of advanced mobile internet infrastructure and platform services, today announced its financial results for the full year ended December 31, 2023.
  • Total Downloads of CHEERS Apps was approximately 474 million as of December 31, 2023, compared to approximately 377 million as of December 31, 2022.
  • Daily Time Spent on CHEERS Video was 59 minutes during the commercial year of 2023.
  • Research and development expenses for the years ended December 31, 2023 and 2022 were approximately $1.6 million and approximately $1.3 million, respectively.

Industry Orgs Applaud Bill to Boost Bars, Restaurants and Venues with Draft Systems

Retrieved on: 
Monday, March 11, 2024

The CHEERS Act would provide a tax deduction for bars, restaurants and entertainment venues with draft beer systems to help revitalize hospitality establishments still struggling years after the pandemic.

Key Points: 
  • The CHEERS Act would provide a tax deduction for bars, restaurants and entertainment venues with draft beer systems to help revitalize hospitality establishments still struggling years after the pandemic.
  • This bipartisan bill will support these local establishments by incentivizing the expansion of tap lines and keg equipment on commercial premises.
  • “The CHEERS Act would boost not only our smaller bars, clubs and entertainment venues but also many of our casinos, hotels and arenas.
  • And we will reduce waste created by using smaller, disposable containers at many restaurants, bars and other venues.

Glory Star Unveils a Revolutionary Upgrade on CHEERS Telepathy Creative Platform, Unleashing Cutting-Edge AI Technology Applications

Retrieved on: 
Tuesday, September 19, 2023

With a relentless commitment to enhancing user experience and pushing creative boundaries, CHEERS Telepathy’s creative platform continues to redefine the landscape of digital innovation.

Key Points: 
  • With a relentless commitment to enhancing user experience and pushing creative boundaries, CHEERS Telepathy’s creative platform continues to redefine the landscape of digital innovation.
  • This groundbreaking upgrade equips CHEERS Telepathy with unparalleled computational prowess, harnessing advanced AI algorithms and expanding its repertoire of intelligent functionalities.
  • Unlike conventional platforms for user-generated and professional-generated content, the latest incarnation of CHEERS Telepathy’s creative platform strikes an exquisite balance between productivity and excellence.
  • This treasure trove of high-quality creative content empowers users to embark on unique artistic journeys, unleashing their innovative prowess and fostering unparalleled content diversity.

Glory Star’s Customer Mining Method and System Awarded China National Invention Patent

Retrieved on: 
Tuesday, September 12, 2023

The patent, granted to Glory Star's subsidiary CHEERS, is titled "Customer Mining Method and System Based on Customer Behavioral Characteristics," which propels the Company to the forefront of technological innovation in the field of customer acquisition.

Key Points: 
  • The patent, granted to Glory Star's subsidiary CHEERS, is titled "Customer Mining Method and System Based on Customer Behavioral Characteristics," which propels the Company to the forefront of technological innovation in the field of customer acquisition.
  • This patent marks a significant milestone, underscoring Glory Star's unwavering commitment to research and development excellence.
  • It encompasses a comprehensive range of cutting-edge features, including data collection, data preprocessing and analysis, customer clustering and mining, and result visualization.
  • "We are thrilled to have achieved this national invention patent for our revolutionary Customer Mining Method and System," Mr. Bing Zhang, Chairman and CEO of the Company, commented.

Glory Star Reports First Half Year 2023 Unaudited Financial Results

Retrieved on: 
Thursday, August 10, 2023

BEIJING, Aug. 10, 2023 /PRNewswire/ -- Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) ("Glory Star", the "Company" or "we"), a leading digital media platform and content-driven e-commerce company in China, today announced its unaudited financial results for the first half year of 2023 ended June 30, 2023.

Key Points: 
  • BEIJING, Aug. 10, 2023 /PRNewswire/ -- Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) ("Glory Star", the "Company" or "we"), a leading digital media platform and content-driven e-commerce company in China, today announced its unaudited financial results for the first half year of 2023 ended June 30, 2023.
  • Total operating expenses in the first half year of 2023 were US$58.7 million, compared to US$59.4 million in the same period of 2022.
  • Income from operations in the first half year of 2023 was US$8.7 million, compared to US$10.5 million in the same period of 2022.
  • Basic and diluted earnings per share in the first half year of 2023 were US$0.12 and US$0.12, respectively, compared to US$0.16 and US$0.16, respectively, in the same period of 2022.

Glory Star Releases Multimodal AI Content Creation Platform CHEERS Telepathy

Retrieved on: 
Tuesday, July 18, 2023

BEIJING, July 18, 2023 /PRNewswire/ -- Glory Star New Media Group Holdings Limited, ("Glory Star" or the "Company") (Nasdaq: GSMG), a leading digital media platform and content-driven e-commerce company in China, today announced the launch of CHEERS Telepathy, a groundbreaking artificial intelligence (AI) content creation platform that incorporates multimodal functions.

Key Points: 
  • BEIJING, July 18, 2023 /PRNewswire/ -- Glory Star New Media Group Holdings Limited, ("Glory Star" or the "Company") (Nasdaq: GSMG), a leading digital media platform and content-driven e-commerce company in China, today announced the launch of CHEERS Telepathy, a groundbreaking artificial intelligence (AI) content creation platform that incorporates multimodal functions.
  • Powered by CHEERS AI's intelligent cloud-based service "Polaris", CHEERS Telepathy offers a glimpse into the future of art, by providing a stable and reliable AI content creation experience that allows for unprecedented possibilities of art and creativity.
  • CHEERS Telepathy is able to generate multiple versions of content based on users' preferences, needs and previous designs.
  • CHEERS Telepathy is there to break boundaries with its versatile usage from content creation and enhancement to automatic synthetic media generation and analysis."

Confetë Gifts + Party Boxes Debuts their Wedding & Bridal Collection

Retrieved on: 
Tuesday, June 20, 2023

TACOMA, Wash., June 20, 2023 /PRNewswire/ -- Confetë Gifts debuts their new Wedding collection with the intention of making wedding season gifting just a smidge easier after a Snipp study found that 91% of newly engaged couples register for gifts.

Key Points: 
  • TACOMA, Wash., June 20, 2023 /PRNewswire/ -- Confetë Gifts debuts their new Wedding collection with the intention of making wedding season gifting just a smidge easier after a Snipp study found that 91% of newly engaged couples register for gifts.
  • We're making it easier to send curated and personalized wedding gifts that are heartfelt, impactful and fun!
  • The Wedding & Bridal Collection allows newly engaged couples to propose to their bridal party, plan their parents wedding gifts, and even get gifts for themselves to celebrate their impending prenuptials.
  • The wedding collection features the trending bridesmaid proposal boxes, bachelorette party boxes, gifts for the newly engaged couple and more.

Glory Star's Subsidiary CHEERS Awarded National Invention Patent

Retrieved on: 
Tuesday, June 20, 2023

BEIJING, June 20, 2023 PRNewswire/ -- Glory Star New Media Group Holdings Limited, ("Glory Star" or the "Company") (Nasdaq: GSMG), a leading digital media platform and content-driven e-commerce company in China, today announced that its subsidiary, CHEERS, has been awarded an invention patent certificate by the National Intellectual Property Administration.

Key Points: 
  • BEIJING, June 20, 2023 PRNewswire/ -- Glory Star New Media Group Holdings Limited, ("Glory Star" or the "Company") (Nasdaq: GSMG), a leading digital media platform and content-driven e-commerce company in China, today announced that its subsidiary, CHEERS, has been awarded an invention patent certificate by the National Intellectual Property Administration.
  • This patent recognizes CHEERS' outstanding research and development capabilities and innovation in the field of internet infrastructure services.
  • The newly-awarded invention patent, titled "Big Data-Based Data Analysis Method," offers data output recommendations for various types of internet network businesses from multiple dimensions, addressing clients' demands for enhancing user experience in software application.
  • This cutting-edge technology further strengthens the Company's leadership in data and content analysis, and showcases Glory Star's commitment to technological advancement.

CHEERS, the Subsidiary of Glory Star Obtains ISO27001 Certification for Information Security Management

Retrieved on: 
Tuesday, May 30, 2023

BEIJING, May 30, 2023 /PRNewswire/ -- Glory Star New Media Group Holdings Limited, ("Glory Star" or the "Company") (Nasdaq: GSMG), a leading digital media platform and content-driven e-commerce company in China, today announced that its subsidiary, CHEERS, has successfully passed the certification audit and received the ISO 27001 Certificate in Information Security Management.

Key Points: 
  • BEIJING, May 30, 2023 /PRNewswire/ -- Glory Star New Media Group Holdings Limited, ("Glory Star" or the "Company") (Nasdaq: GSMG), a leading digital media platform and content-driven e-commerce company in China, today announced that its subsidiary, CHEERS, has successfully passed the certification audit and received the ISO 27001 Certificate in Information Security Management.
  • ISO27001 stands as one of the most widely adopted and exemplary information security management standards in the world and is also renowned as the pinnacle of international information security management.
  • Mr. Bing Zhang, Chairman and Chief Executive Officer of Glory Star, commented: "It is of high importance to achieve this certification, as it signifies that Glory Star possesses the most comprehensive, mature, and highly effective international capability and level of expertise in ensuring internet information security.
  • It serves as a full validation of the company's reliability in the realm of Internet product information security.