Second Quarter and Half Year 2020 Key Metrics Highlights
Second Quarter and Half Year 2020 Financial Highlights
2020 Q2 increased by 75.4% to $11.6 million as compared to $6.6 million in the same quarter of 2019. For the first half of 2020, non-GAAP net income attributable to ordinary shareholders increased by 35.5% to $14.6 million,compared to $10.7 million in the same period of 2019.
Partnership with CNLive.com a Leading Content Distributor in China Serving the Top Three Chinese Telecoms: China Mobile, China Unicom and China Telecom with Over 1 BILLION Subscribers.
GSMG provides Premium Entertainment Services in China; Programs for Brands Including Fendi, Prada, Gucci, Burberry, Tencent, Alibaba, Weibo, Iqiyi as well as traditional consumer brand clients such as Starbucks, Pantene, Louis Vuitton, Samsung and Sony etc
Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) is a leading mobile entertainment operator in China. Glory Star’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 peoples’ lives. The company’s large and active user base creates valuable engagement opportunities with consumers and enhances platform stickiness with thousands of domestic and international brands.
JD.com is a leading technology driven e-commerce company transforming to become the leading supply chain-based technology and service provider. JD.com is the largest retailer in China, a member of the NASDAQ100 and a Fortune Global 500 company.
On May 27th, 2020 – GSMG announced plans to begin production of the third season of its flagship online variety show Hello! Rapper in June 2020. As one of the first music-centric variety shows in China, the inaugural season of Hello! Rapper was produced by GSMG in 2017. The show was an instant online success, collecting over 100 million views.
For more information on GSMG visit: http://www.yaoshixinghui.com/
Media ContactCompany Name: Glory Star Media Group Holdings, LimitedContact Person: Media RelationsEmail: Send EmailPhone: 852-6212-8493Address:2039 2F United Center 95 Queensway Admiralty Admiralty Hong Kong (SAR) Country: HongKongWebsite: http://www.yaoshixinghui.com/