BEIJING, Dec. 19,
2023 /PRNewswire/ -- Cheer Holding, Inc. (NASDAQ:
CHR) ("Cheer Holding" or the "Company"), a leading provider of
next-generation mobile internet infrastructure and platform
services, is pleased to announce today a comprehensive upgrade to
its CHEERS Video platform (the "platform"), which is now designated
for discerning users seeking a premium lifestyle experience.
Through an exhaustive eight-month process and culminated in a
brand new version, the platform has undergone a paradigm shift in
its underlying structure, technological framework, UI interface,
and all functional modules. The result is an immersive and
user-centric experience, with enhanced visibility and seamless
accessibility to a multitude of features. By aligning with users'
visual and operational preferences, the redesigned layout structure
provides an intuitive and gratifying journey, elevating user
satisfaction to unprecedented levels.
With its rebranding as CHEERS Lifestyle Architect, the platform
seamlessly blends professionally generated content (PGC),
user-generated content (UGC), and original generated content (OGC)
to a curated selection of top-tier lifestyle-related content for
consumers. The platform now fosters a vibrant and interactive
content community that revolves around the core principles of
"interaction, inspiration, and sharing." By catering to individual
real-life scenarios, the product, design, technology research, and
content operation teams have meticulously reimagined and optimized
the platform's layout and functionality. This holistic upgrade not
only introduces a host of innovative features but also empowers
users to explore their unique home consumption stages, facilitating
personalized content recommendations that resonate on a profound
level. Through ingenious content guidance, IP development, and
seamless service integration, CHEERS Life Architect empowers users
to define their own distinct lifestyle, embrace their authentic
selves, and indulge in the delights of a beautiful home.
The platform extends its influence to encompass an array of
vertical markets, and serves as a catalyst for innovation and
development within the broader homeware industry, facilitating the
provision of highly personalized and convenient services that cater
to the evolving needs of modern consumers.
About Cheer Holding, Inc.
As a preeminent provider of next-generation mobile internet
infrastructure and platform services in China, Cheer Holding is dedicated to building
a digital ecosystem that integrates "platforms, applications,
technology, and industry" into a cohesive system, thereby creating
a new, open business environment for web3.0 that leverages AI
technology. The Company is developing a 5G+VR+AR+AI shared universe
space that builds on cutting-edge technologies including
blockchain, cloud computing, extended reality, and digital
twin.
Cheer Holding's portfolio includes a wide range of products and
services, such as Polaris Intelligent Cloud, CHEERS Telepathy,
CHEERS Open Platform, CHEERS Video, CHEERS e-Mall, CheerReal,
CheerCar, CheerChat, CHEERS Fresh Group-Buying E-commerce Platform,
Digital Innovation Research Institute, CHEERS Livestreaming,
variety show series, IP short video matrix, and more. These
offerings provide diverse application scenarios that seamlessly
blend "online/offline" and "virtual/reality" elements.
With "CHEERS+" at the core of Cheer Holding's ecosystem, the
Company is committed to consolidating and strengthening its core
competitiveness and achieving long-term sustainable and scalable
growth.
For more information, please visit http://ir.gsmg.co/.
Safe Harbor Statement
Certain statements made in this release are "forward looking
statements" within the meaning of the "safe harbor" provisions of
the United States Private Securities Litigation Reform Act of 1995.
When used in this press release, the words "estimates,"
"projected," "expects," "anticipates," "forecasts," "plans,"
"intends," "believes," "seeks," "may," "will," "should," "future,"
"propose" and variations of these words or similar expressions (or
the negative versions of such words or expressions) are intended to
identify forward-looking statements. These forward-looking
statements are not guarantees of future performance, conditions or
results, and involve a number of known and unknown risks,
uncertainties, assumptions and other important factors, many of
which are outside the Company's control, that could cause actual
results or outcomes to differ materially from those discussed in
the forward-looking statements. Important factors, among others,
are: the ability to manage growth; ability to identify and
integrate other future acquisitions; ability to obtain additional
financing in the future to fund capital expenditures; fluctuations
in general economic and business conditions; costs or other factors
adversely affecting our profitability; litigation involving
patents, intellectual property, and other matters; potential
changes in the legislative and regulatory environment; a pandemic
or epidemic; the occurrence of any event, change or other
circumstances that could affect the Company's ability to continue
successful development and launch of its metaverse experience
centers; the possibility that the Company may not succeed in
developing its new lines of businesses due to, among other things,
changes in the business environment and technological developments,
competition, changes in regulation, or other economic and policy
factors; disruptions or other business interruptions that may
affect the operations of our products and services, the possibility
that the Company's new lines of business may be adversely affected
by other economic, business, and/or competitive factors; other
factors, risks and uncertainties set forth in documents filed by
the Company with the Securities and Exchange Commission from time
to time, including the Company's latest Annual Report on Form 20-F
filed with the SEC on March 22, 2023,
as amended. The Company undertakes no obligation to update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise, except as required by
applicable law. Such information speaks only as of the date of this
release.
For investor and media inquiries, please contact:
Wealth Financial Services LLC
Connie Kang, Partner
Email: ckang@wealthfsllc.com
Tel: +86 1381 185 7742 (CN)
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SOURCE Cheer Holding, Inc.