Examples of Glory Star in a sentence
Controlled through a series of contractual arrangements with Glory Star New Media (Beijing) Technology Co. Ltd.
Glory Star calculates DAUs using internal company data based on the activity of the user account and as adjusted to remove “duplicate” accounts.
Glory Star defines this metric as the total number of downloads of the CHEERS App as of the end of the period.
Glory Star defines daily active users, or DAUs, as a user who has logged in or access Glory Star’s online video content and/or its e-commerce platform using the CHEERS App, whether on a mobile phone or tablet.
Represents an adjustment to eliminate direct, incremental costs of the Business Combination which are reflected in the historical financial statements of Glory Star in the amount of $0.3 million and $0.015 million for the six months ended June 30, 2019 and for the year ended December 31, 2018, respectively, and in the historical consolidated financial statements of TKK in the amount of $0.4 million and $0 million for the six months ended June 30, 2019 and for the year ended December 31, 2018, respectively.
The consolidated financial statements include the financial statements of Glory Star Group, its subsidiaries, its VIEs and its VIEs’ subsidiaries.
Glory Star was formed as a holding company and operates through its subsidiaries formed which were formed in 2016.
Glory Star Group uses the management approach to determine operating segments.
Through the VIE Contract, Glory Star operates and consolidates the financial results of its VIEs in China.The following is a brief description of each of Glory Star’s subsidiaries and VIEs:• Glory Star HK.
Glory Star New Media Group HK Limited (“Glory Star HK”) is a limited company incorporated on December 18, 2018, under the Companies Ordinance of Hong Kong.