Cheer Holding shares are trading higher following FY23 earnings.
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BEIJING, July 31, 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 six months ended June 30, 2024. Operating Highlights Total Downloads of CHEERS Apps was approximately 510 million as of June 30, 2024, representing a growth of 17.1% from June 30, 2023. Specifically: CHEERS Video Accumulated downloads of CHEERS Video grew by 10.8% YoY to approximately 430 million as of June 30, 2024.Monthly Active Users of CHEERS Video increased by 2.5% YoY to approximately 51.1 million.Daily Time Spent on CHEERS Video wa
BEIJING, April 02, 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 acquisition of a national patent certificate for its "Method and System for NFT Trading" from the National Intellectual Property Office. This pioneering invention tackles the security challenges and content protection limitations present in digital collectible transactions, ensuring both transactional security and content integrity for digital collectibles. By enabling secure and seamless transactions and transfers of non-fungible tokens (NFTs), this achievement solidifies t
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. Full Year 2023 Operating Highlights Total Downloads of CHEERS Apps was approximately 474 million as of December 31, 2023, compared to approximately 377 million as of December 31, 2022. Specifically: CHEERS Video Monthly Active Users of CHEERS Video increased by 5% to approximately 50.1 million.Daily Time Spent on CHEERS Video was 59 minutes during the commercial year of 2023. CHEERS e-Mall
BEIJING, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Cheer Holding, Inc. (NASDAQ:CHR) ("Cheer" or the "Company"), a leading provider of advanced mobile internet infrastructure and platform services, announced today the release of an AIGC miniseries Outlaws of the Marsh by CHEERS Telepathy, offering a reinterpretation of the Chinese classic novel whilst stayed true to its original. The series is currently available on platforms such as TikTok, Tencent Video, Little Red Book, Kuaishou, and Weibo, with one new episode aired every Wednesday. You may also find the latest updates via the Outlaws of the Marsh channel at http://www.gsmg.co/AI-Show/shuihuzhuan/index.html. A perfect integration of technol
BEIJING, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Cheer Holding, Inc. (NASDAQ:CHR) ("Cheer" or the "Company"), a leading provider of advanced mobile internet infrastructure and platform services, announced today that CHEERS Telepathy has been comprehensively upgraded to Ver. 2.3 in multiple modes, with more powerful applications and capable of supporting overseas users in the United States and Asia Pacific. The brand-new interactive function allows ordinary users to easily access AI applications with just one touch, to create live images, where any photo could be animated to talk and interact with users. CHEERS Telepathy is now supporting users in 12 countries and regions, including the United
BEIJING, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Cheer Holding, Inc. (NASDAQ:CHR) ("Cheer" or the "Company"), a leading provider of advanced mobile internet infrastructure and platform services, announced today the release of the AI-based series themed on Liaozhai Tales, a collection of classical short stories written by Pu Songling in the early Qing dynasty of China. Episodes including "Adventure of Abao", "Legend of Nie Xiaoqian", "The Taoist Priest of Laoshan" and "The Mystery of Raksasas" are now available on platforms such as Tik Tok, Tencent Video, Little Red Book, Kuaishou, and Weibo, with one new episode released every Sunday and Friday. You may also find the latest updates via the Lia
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BEIJING, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Cheer Holding, Inc. (NASDAQ:CHR) ("Cheer" or the "Company"), a leading provider of advanced mobile internet infrastructure and platform services, today announced the results of its 2024 Annual General Meeting, which was held on August 28, 2024, in Beijing, China. At the 2024 Annual General Meeting, the Company's shareholders: (1) re-elected Messrs. Yong Li and Bing Zhang as Class II directors of the Company to serve until the 2027 Annual General Meeting of the Company and until his successor is appointed and duly qualified, or until his earlier resignation or removal. (2) approved a proposal, as a special resolution, su