$GSMG CHEERS e-Mall's GMV Reached RMB 240 Million
Post# of 42191
BEIJING, June 22, 2021 /PRNewswire/ -- Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) ("Glory Star" or the "Company" , a leading digital media platform and content-driven e-commerce company in China, today announced that during the Company's Mid-Year Sales Event held from June 1 to June 18, 2021 (the "6.18 Shopping Festival" or the "Mid-Year Sales Event" , the Gross Merchandise Value ("GMV" of its CHEERS e-Mall grew by approximately 380% year over year to RMB 240 million. The Company's outstanding results during the 6.18 Shopping Festival were mainly driven by its execution of innovative marketing campaigns, an increased number of stock-keeping units ("SKUs" carried by its CHEERS e-Mall, alongside quality brand selections, favorable demographic trends, and established synergies between its CHEERS e-Mall and CHEERS video application.
https://finance.yahoo.com/news/cheers-e-malls...00921.html