Welcome to our dedicated page for Globavend Holdings news (Ticker: GVH), a resource for investors and traders seeking the latest updates and insights on Globavend Holdings stock.
Globavend Holdings Limited reports company news around its cross-border e-commerce logistics business serving enterprise merchants and e-commerce platform operators in Hong Kong, Australia and New Zealand. Updates describe end-to-end B2C logistics services, including parcel drop-off, consolidation, air-freight forwarding, customs clearance, on-carriage transportation and final delivery.
Recurring developments include operating and financial results, package-volume and freight-weight trends, customer and partnership activity, and capital-structure actions involving ordinary shares, warrants and shareholder voting matters. Corporate updates also document changes in controlling shareholder, board composition and senior management as the company manages its Nasdaq-listed foreign private issuer profile.
Globavend (NASDAQ: GVH) announced that its digital entertainment subsidiary, Loomi Entertainment Group, has signed a global distribution agreement with micro drama platform DramaBox for worldwide release of its AI-produced English-language micro drama, “The Wolf King's Forbidden Bride.” DramaBox reports over 90 million registered users, operations in 200+ countries and regions, and more than 100 million Google Play downloads.
The deal adds DramaBox as a strategic third-party partner alongside Globavend’s owned Loomi: Short Drama platform, supporting a dual-channel distribution strategy. According to Globavend, its earlier AI micro drama “Buried Innocent” surpassed 1 million TikTok views, indicating early international audience engagement for its proprietary AI-produced content.
Globavend (NASDAQ: GVH) reported unaudited results for the six months ended March 31, 2026, with revenue up 8.0% year-over-year to US$14.8 million, driven by higher volumes in both integrated cross-border logistics and air freight forwarding.
Integrated logistics revenue rose 5.9% to US$13.5 million, while air freight forwarding revenue grew 35.2% to US$1.3 million. Average daily package volume increased 14.1%, freight weight 35.7% and daily shipments 43.7%. Cost of revenue rose 12.2% to US$13.8 million, compressing gross margin to 7.1% from 10.5%. The company moved from prior-year operating income to an operating loss of US$0.37 million, but near break-even was maintained at the pre-tax level with income before tax of US$6,160 and a net loss of US$30,887.
Globavend ended the period with approximately US$7.1 million in cash and cash equivalents, US$9.1 million in working capital and US$10.4 million in shareholders' equity, and highlighted post-period strategic initiatives including acquiring a majority interest in Loomi Entertainment Group.
Globavend (NASDAQ: GVH) has made a strategic investment in the MAMAMOO 2026 WORLD TOUR <4WARD> Hong Kong concert and will act as an official co-organizer through its subsidiary Loomi. The deal secures a pro rata share of concert economics and supports Globavend's AI-powered digital entertainment strategy, including its Imaginary cinematic production platform and AI-produced micro-dramas.
Globavend (NASDAQ: GVH) announced the expiration of all outstanding Series A warrants issued in June 2025, eliminating this legacy source of potential shareholder dilution and simplifying its capital structure. The company now has no outstanding warrants and emphasizes disciplined capital management alongside an accelerating AI-powered digital entertainment growth strategy.
Globavend is commercially launching its proprietary Imaginary AI production platform, has released its first fully AI-produced micro-drama, and continues to expand its cross-border e-commerce logistics operations, which remain the backbone of its revenue base.
Globavend (NASDAQ: GVH) appointed Fuk Yan (Sharon) Tse as CEO of Loomi Group, its AI-driven digital entertainment arm, a new role aligned with Globavend’s expansion beyond logistics.
The acquisition of Loomi Group closed on May 19, 2026; Globavend now owns 70%, with Ms. Tse retaining 30%.
Globavend (NASDAQ: GVH) signed a definitive agreement to acquire 70% of Loomi Entertainment Group for a nominal consideration of $70, with closing expected on or before May 22, 2026, subject to customary conditions.
The deal expands Globavend from e-commerce logistics into AI-enabled short-form digital entertainment, adding Loomi’s “Loomi: Short Drama” app, its AI production platform “Imaginary”, and operations in Malaysia, Singapore and Hong Kong. Loomi will become a non-wholly-owned subsidiary, and its results, assets, liabilities and an existing ~US$550,000 interest-free shareholder loan owed to the Vendor will be consolidated.
Globavend (NASDAQ: GVH) announced on April 29, 2026 that Central Master Enterprises completed an acquisition that gives it 97.7% of voting power while holding approximately 2.4% of issued shares. The transaction led to board and management changes: Kai Man Fung named Chairman; Tsz Ngo Yu added as director while remaining CFO; Wai Yiu Yau remains CEO; and Kin Fung Tsui joins as independent director. The company said it will pursue mergers and acquisitions and business expansion using the new shareholders' corporate finance expertise and global connections.
Globavend (NASDAQ: GVH) reported full-year results for the year ended September 30, 2025, with $23.6 million revenue, a 42.5% year-over-year increase, and net income of $0.68 million. Average daily packages handled rose to 10,394 (+69.4%), while average daily revenue per freight weight increased 12.7%.
The company said it established a subsidiary in China and built corporate infrastructure to support further expansion, citing an expanding and maturing sales pipeline and anticipated revenue growth into 2026.
Globavend Holdings (NASDAQ: GVH) announced the pricing of a registered direct offering expected to raise approximately $1.4 million in gross proceeds before fees and expenses. The offering consists of 889,359 ordinary shares or pre-funded warrants at an effective purchase price of $1.60 per share. The company intends to use net proceeds for working capital and general corporate purposes. The offering is expected to close on January 2, 2026, with Univest Securities acting as sole placement agent. A final prospectus will be filed with the SEC and be available on the SEC website.
Globavend (NASDAQ: GVH), an emerging e-commerce logistics services provider, has released its unaudited financial results for H1 2025 ending March 31, 2025. The company reported a significant 63.7% increase in revenue compared to the same period last year, indicating accelerated business growth according to CEO Frank Yau.