Glory Star Reports First Half Year 2022 Unaudited Financial Results
Glory Star New Media Group Holdings Limited - Ordinary Share (GSMG)
Company Research
Source: PR Newswire
BEIJING, July 22, 2022 /PRNewswire/ -- Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) ("Glory Star", the "Company" or "we"), a leading digital media platform and content-driven e-commerce company in China, today announced its unaudited financial results for the first half year of 2022 ended June 30, 2022.First Half 2022 Operating HighlightsDownloads of the CHEERS Video App increased to approximately 300.6 million as of June 30, 2022, compared to approximately 215.6 million as of June 30, 2021.Downloads of the CHEERS e-Mall App increased to approximately 20.4 million as of June 30, 2022, compared to approximately 3.8 million as of June 30, 2021.Monthly Active Users ("MAU") of the CHEERS Video App increased to approximately 45.8 million from 43.2 million in the same period of 2021.MAU of the CHEERS e-Mall App increased to approximately 3.0 million from 1.4 million in the same period of 2021.Repurchase Rate ("RPR") for CHEERS e-Mall was approximately 42.4%.Daily Time Spent ("
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