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Posted On: 05/21/2020 9:18:13 AM
Post# of 37795
$GSMG news out! BEIJING, May 21, 2020 (GLOBE NEWSWIRE) -- Glory Star New Media Group Holdings Limited (GSMG) (the “Company”), a leading mobile and online digital media and entertainment company in China, today announced that it had resumed content production, which was suspended due to the COVID-19 outbreak for JD.com Inc. (“JD”), one of China’s largest e-commerce platforms. The Company previously entered into a content collaboration framework agreement with JD, at the end of 2019.
As part of the partnership, the Company will develop solutions to help JD fulfill their customers’ needs for premium lifestyle-oriented online content, in the forms of text and short-form videos.
The content production for JD.com is a great addition to Glory Star’s premium digital client lists which includes Tencent, Alibaba, Weibo, Iqiyi as well as traditional consumer brand clients such as Starbucks, Pantene, Louis Vuitton, Samsung and Sony etc.
“While the outbreak of COVID-19 has gradually been brought under control, we are excited to resume our content production in May as part of our partnerships with all of our clients,” commented Mr. Bing Zhang, Chairman and Chief Executive Officer of Glory Star. “In the past three years, we have leveraged our industry-leading content production and content marketing capabilities to serve consumer brands both at home and abroad. Through our collaboration, our premium content will help JD better serve its massive customer base by establishing a complete content service ecosystem. As we actively explore additional collaboration opportunities with JD for a long-term partnership, we are confident that our partnership will serve as an important driver for our growth and a success case for us to forge more strategic partnerships going forward.”
As part of the partnership, the Company will develop solutions to help JD fulfill their customers’ needs for premium lifestyle-oriented online content, in the forms of text and short-form videos.
The content production for JD.com is a great addition to Glory Star’s premium digital client lists which includes Tencent, Alibaba, Weibo, Iqiyi as well as traditional consumer brand clients such as Starbucks, Pantene, Louis Vuitton, Samsung and Sony etc.
“While the outbreak of COVID-19 has gradually been brought under control, we are excited to resume our content production in May as part of our partnerships with all of our clients,” commented Mr. Bing Zhang, Chairman and Chief Executive Officer of Glory Star. “In the past three years, we have leveraged our industry-leading content production and content marketing capabilities to serve consumer brands both at home and abroad. Through our collaboration, our premium content will help JD better serve its massive customer base by establishing a complete content service ecosystem. As we actively explore additional collaboration opportunities with JD for a long-term partnership, we are confident that our partnership will serve as an important driver for our growth and a success case for us to forge more strategic partnerships going forward.”
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