Cheer Holding Reports Full Year 2023 Financial Results
Cheer Holding, Inc. - Ordinary Share (CHR)
Company Research
Source: GlobeNewswire
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 Monthly Active Users of CHEERS e-Mall increased by 71% to approximately 6.5 million.Repurchase Rate on CHEERS e-Mall was 39.6% during the commercial year of 2023. CheerReal Monthly Active Users of CheerReal platform was approximately 1.3 million.Number of Digital Art Collections lis
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