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Cheer Holding, Inc. - $GSMG STOCK NEWS

Welcome to our dedicated page for Cheer Holding news (Ticker: $GSMG), a resource for investors and traders seeking the latest updates and insights on Cheer Holding stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Cheer Holding's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Cheer Holding's position in the market.

Rhea-AI Summary
Glory Star's CHEERS Telepathy undergoes a significant upgrade, enhancing its AI-driven creative tools and content creation capabilities.
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Rhea-AI Summary
Glory Star acquires invention patent certificate, propelling the Company to the forefront of customer acquisition technology.
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End-of-Day
-6.98%
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Rhea-AI Summary
Glory Star New Media Group Holdings Limited closed its private placement, issuing 8,064,516 ordinary shares at a purchase price of $2.48 per share for a total of $20 million in gross proceeds.
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End-of-Day
-10.71%
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Rhea-AI Summary
Glory Star New Media Group Holdings Limited announces Share Subscription Agreement with new institutional investors for issuance of 8,064,516 ordinary shares at $2.48 per share, raising $20,000,000.
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Rhea-AI Summary
Glory Star New Media Group Holdings announces unaudited financial results for H1 2023. Downloads of CHEERS Apps increased by 23% to 395 million. MAU of CHEERS Video app grew by 9% to 49.8 million. MAU of CHEERS e-Mall app increased by 53% to 4.6 million. RPR for CHEERS e-Mall was 39%. DTS on CHEERS Video was 51 minutes. Revenues decreased by 3.57% to $67.4 million. Net income was $8.8 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.36%
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Rhea-AI Summary
Glory Star New Media Group announces the launch of CHEERS Telepathy, an AI content creation platform that offers a glimpse into the future of art and creativity.
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End-of-Day
-3.7%
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AI
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-5.17%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.33%
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Rhea-AI Summary
Glory Star New Media Group announced the closing of its private placement with two institutional investors, raising $60 million in gross proceeds. The purchase price of $2.48 per share represents a 60% premium to the privatization price approved by shareholders in November 2022.
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End-of-Day
-2.99%
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Cheer Holding, Inc.

Nasdaq:GSMG

GSMG Rankings

GSMG Stock Data

40.74M
25.09M
90.84%
20.54%
0.17%
Data Processing, Hosting, and Related Services
Information
Link
China
Beijing

About GSMG

glory star new media group holdings limited provides advertisement and content production services in china. it also engages in the mobile and online advertising, digital media, and entertainment businesses. in addition, the company offers cheers app, an e-commerce platform, which provides online store, live streaming, and online games, as well as online short videos, variety shows, and dramas. glory star new media group holdings limited was founded in 2016 and is headquartered in beijing, china.