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"Keychron Orca echo" by Keychron x GIZMART Becomes First GIZMART Project to Surpass JPY 500 Million in GMV

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TNL Mediagene (NASDAQ: TNMG) reported that “Keychron Orca echo,” co-developed by Keychron and GIZMART and launched on the GIZMART content commerce and crowdfunding platform, has surpassed ¥500 million in GMV and drawn about 19,000 backers, becoming the first GIZMART project to exceed this level. The company views this as a key milestone for its content commerce strategy and plans additional Keychron projects, including the late-July GIZMART launch of Keychron G6 HE UltraLight.

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Positive

  • “Keychron Orca echo” GMV exceeds ¥500 million, first project to reach this level on GIZMART
  • Approximately 19,000 backers support the “Keychron Orca echo” crowdfunding campaign
  • GIZMART confirmed as strategic pillar of TNMG’s content commerce business by this project’s performance
  • Planned late-July launch of Keychron G6 HE UltraLight on GIZMART ahead of other markets

Negative

  • None.

News Explained

The ¥500 million milestone is platform GMV—defined as total orders and pledges placed through GIZMART—rather than a disclosed cash receipt or revenue figure for TNL Mediagene; the crowdfunding campaign remains ongoing.

Market reaction after JPY 500 million GMV milestone: TNMG +3.79% in the Jul 21 session

+3.79%
12 alerts
+3.79% Session close to close
+12.5% Peak Tracked
-16.7% Trough Tracked
$1.01M Market Cap
0.1x Rel. Volume

In the Jul 21 session, TNMG gained 3.79%, reflecting a moderate positive market reaction. Argus tracked a peak move of +12.5% during that session. Argus tracked a trough of -16.7% from its starting point during tracking. Our momentum scanner triggered 12 alerts that day, indicating notable trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

Historical event 1075676 recorded a +106.97% 24-hour reaction to a prior Keychron/GIZMART GMV announ...
Analysis

Historical event 1075676 recorded a +106.97% 24-hour reaction to a prior Keychron/GIZMART GMV announcement. That comparison places the new milestone in an established partnership-related news sequence, while elevated short positioning remained a risk factor to monitor.

Key Figures

Gross merchandise value: JPY 500 million Backers: approximately 19,000 backers Announcement date: July 21, 2026
3 metrics
Gross merchandise value JPY 500 million Keychron Orca echo campaign
Backers approximately 19,000 backers Campaign status as of July 21, 2026
Announcement date July 21, 2026 Publication date

Historical Context

5 past events · Latest: Jul 07 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jul 07 AI program selection Positive -5.8% Selected for FT Strategies AI Lab with Google News Initiative support
Jun 29 GMV record Positive +107.0% Keychron Orca echo exceeded JPY 300 million GMV in five days
Jun 26 Delisting determination Negative +107.0% Nasdaq cited minimum bid price and stockholders' equity noncompliance
Jun 26 Audience growth Positive +0.4% Business Insider Taiwan surpassed one million views and 50,000 subscribers
Jun 02 Partnership expansion Positive +2.6% GIZMART expanded co-development partnership with Keychron and Kopek Japan

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

TNMG's prior news reactions were mixed, with positive partnership and content-commerce announcements aligned with positive moves while other positive news diverged.

Key Terms

gmv
1 terms
gmv financial
"surpassed ¥500 million in gross merchandise value ("GMV")"
Gross merchandise value (GMV) is the total dollar value of all goods and services sold through a platform or marketplace over a given period, measured before deducting fees, returns, or discounts. Investors watch GMV to gauge the raw size and growth of customer activity—like counting every ticket sold at a concert before subtracting organizer costs—while remembering it is not the same as revenue or profit.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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  • "Keychron Orca echo" has surpassed ¥500 million in GMV, becoming the first project in GIZMART history to reach this milestone
  • The crowdfunding campaign remains ongoing, with support continuing to grow from approximately 19,000 backers
  • The milestone represents tangible progress in the Company's strategic expansion of its content commerce business, with additional Keychron projects planned for launch on GIZMART

Tokyo, Japan--(Newsfile Corp. - July 21, 2026) - TNL Mediagene (NASDAQ: TNMG) (the "Company"), a technology and digital media company providing AI-driven advertising, marketing technology, content commerce and data analytics solutions, and operating multi-language digital media brands across Asia, today announced that "Keychron Orca echo," a co-development project between Keychron and GIZMART, has surpassed ¥500 million in gross merchandise value ("GMV"),the total value of orders and pledges placed through the platform, becoming the first project in GIZMART's history to reach this milestone.

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Launched through GIZMART, the content commerce and crowdfunding platform operated by Gizmodo Japan, "Keychron Orca echo" has continued to attract strong support from consumers throughout its crowdfunding campaign. The project has now exceeded ¥500 million in GMV and attracted approximately 19,000 backers as of today, establishing a new benchmark for the GIZMART platform while the campaign remains ongoing.

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The strong performance of "Keychron Orca echo" further reinforces GIZMART's role as a strategic pillar of the Company's content commerce business. By integrating media, community engagement, crowdfunding, and product commercialization, GIZMART enables the Company to create value beyond traditional digital publishing while providing global brands with direct access to highly engaged consumer communities.

The success of "Keychron Orca echo" further demonstrates the scalability and commercial viability of the Company's community-driven product development model.

The Company also plans to further strengthen its strategic partnership with Keychron. In late July, GIZMART is expected to launch Keychron G6 HE UltraLight, Keychron's latest gaming mouse, making the product available through GIZMART ahead of other markets. While distinct from GIZMART's co-development initiatives, the launch further demonstrates the continued expansion of the strategic partnership between Keychron, GIZMART, and Kopek Japan, and the Company's commitment to growing its content commerce business through collaborations with leading global brands.

"Becoming the first project to surpass ¥500 million in GMV on GIZMART marks an important milestone not only for 'Keychron Orca echo,' but also for our content commerce business. We are grateful for the tremendous support from our users, community, and partners. This achievement reinforces our confidence that GIZMART can continue creating value by connecting global brands with passionate and engaged communities through our content commerce strategy, and we look forward to expanding this model through future collaborations," said Motoko Imada, Co-Founder and CEO of TNL Mediagene.

Building on this milestone, the Company intends to further expand its content commerce business through strategic collaborations that leverage its media brands, engaged communities, and product commercialization capabilities.

About TNL Mediagene

Headquartered in Tokyo, TNL Mediagene (NASDAQ: TNMG) is a technology company providing AI-powered advertising, marketing technology, content commerce, and data analytics solutions to brands and agencies across Asia. Formed in May 2023 through the merger of Japan's Mediagene Inc. and Taiwan's The News Lens Co., Ltd., the Company combines advertising and marketing technology platforms with a portfolio of established digital media brands to deliver integrated solutions for the evolving digital landscape.

The Company's technology offerings include AI-driven advertising, marketing and digital studio services, content commerce, and advanced data analytics capabilities. These solutions are supported by the Company's well-established multi-language digital media brands in Japanese, Chinese, and English, spanning business, technology, lifestyle, and culture, which provide audience engagement and first-party data.

Known for its appeal to younger audiences, and high-quality content, TNL Mediagene has approximately 480 employees with offices in Japan and Taiwan.

https://www.tnlmediagene.com/

For further information, please contact:
Media: PR@tnlmediagene.com
Investors: IR@tnlmediagene.com

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are based on beliefs and assumptions and on information currently available to TNL Mediagene. Forward-looking statements generally relate to future events or TNL Mediagene's future financial or operating performance. In some cases, you can identify forward-looking statements by the following words: "may," "will," "could," "would," "should," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "project," "potential," "continue," "ongoing," "target," "aim," "seek" or the negative or plural of these words, or other similar expressions that are predictions or indicate future events or prospects, although not all forward-looking statements contain these words. Forward-looking statements in this communication include, but are not limited to, statements about TNL Mediagene's future business plan and growth strategies and statements by TNL Mediagene's management. Any statements that refer to expectations, projections or other characterizations of future events or circumstances, including strategies or plans, are also forward-looking statements. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by these forward-looking statements. Forward-looking statements in this communication or elsewhere speak only as of the date made. New uncertainties and risks arise from time to time, and it is impossible for TNL Mediagene to predict these events or how they may affect TNL Mediagene. In addition, risks and uncertainties are described in TNL Mediagene's filings with the Securities and Exchange Commission, including the risks and uncertainties set forth under the heading "Risk Factors" in TNL Mediagene's Annual Report on Form 20-F filed on April 30, 2026, as may be supplemented or amended by the TNL Mediagene's Reports of a Foreign Private Issuer on Form 6-K. These filings may identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. TNL Mediagene cannot assure you that the forward-looking statements in this communication will prove to be accurate. There may be additional risks that TNL Mediagene presently does not know or that TNL Mediagene currently does not believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In light of the significant uncertainties in these forward-looking statements, you should not regard these statements as a representation or warranty by TNL Mediagene, its directors, officers or employees or any other person. Except as required by applicable law, TNL Mediagene does not have any duty to, and does not intend to, update or revise the forward-looking statements in this communication or elsewhere after the date of this communication. You should, therefore, not rely on these forward-looking statements as representing the views of TNL Mediagene as of any date subsequent to the date of this communication.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/305935

FAQ

What milestone did “Keychron Orca echo” achieve for TNL Mediagene (NASDAQ: TNMG) on GIZMART?

“Keychron Orca echo” became the first GIZMART project to surpass ¥500 million in GMV. According to TNL Mediagene, the campaign is still ongoing and has attracted about 19,000 backers, setting a new benchmark for its content commerce platform.

How much GMV has “Keychron Orca echo” generated for TNMG as of July 21, 2026?

The project has generated more than ¥500 million in gross merchandise value (GMV). According to TNL Mediagene, GMV reflects the total value of orders and pledges through GIZMART and marks the highest level ever reached by a project on the platform.

How many backers support the “Keychron Orca echo” crowdfunding campaign on GIZMART for TNMG?

Approximately 19,000 backers are supporting the “Keychron Orca echo” campaign. According to TNL Mediagene, this community response helps establish a new performance benchmark for GIZMART while the campaign continues, reinforcing its community-driven product development and content commerce strategy.

What does the “Keychron Orca echo” GMV milestone mean for TNL Mediagene’s (TNMG) content commerce strategy?

The milestone supports GIZMART’s role as a strategic pillar of TNMG’s content commerce business. According to TNL Mediagene, integrating media, community engagement, crowdfunding, and product commercialization helps create value beyond traditional digital publishing and attract global brands to engaged consumer communities.

What future Keychron projects are planned on GIZMART according to TNL Mediagene (NASDAQ: TNMG)?

TNMG plans additional Keychron projects on GIZMART, including the Keychron G6 HE UltraLight gaming mouse. According to TNL Mediagene, this product is expected to launch in late July on GIZMART ahead of other markets, expanding the strategic partnership with Keychron and Kopek Japan.

How does GIZMART fit into TNL Mediagene’s (TNMG) broader business model?

GIZMART functions as a content commerce and crowdfunding platform operated by Gizmodo Japan. According to TNL Mediagene, it combines media, community, crowdfunding, and product commercialization to expand revenue opportunities beyond digital publishing and connect global brands with highly engaged consumer communities.