Globavend Holdings Limited (NASDAQ: GVH) announced that its entertainment subsidiary, Loomi Entertainment Group, has made a strategic investment in the MAMAMOO 2026 WORLD TOUR <4WARD> Hong Kong concert and will serve as an official co-organizer of the event scheduled for Oct. 4, 2026, at Kai Tak Arena. Under the investment arrangement, Loomi will receive a pro rata share of the concert’s economic returns based on its capital contribution, with the company participating alongside regional entertainment partners in organizing the event.
This investment marks a significant step for Globavend’s expansion into the live entertainment sector, following its acquisition of Loomi. The company also recently launched Imaginary, an AI-powered cinematic production platform, which complements its entertainment strategy. According to Globavend, the combined approach is intended to build a diversified entertainment business spanning AI-powered content production, live events, artist collaborations, and intellectual property development.
Globavend Holdings is an emerging e-commerce logistics provider and AI-powered digital entertainment company. As a logistics provider, the company offers integrated cross-border logistics solutions across Hong Kong, Australia, New Zealand, and mainland China. As a digital entertainment company, it develops generative AI-assisted cinematic production workflows, multimodal content generation capabilities, and multilingual digital entertainment distribution solutions through its proprietary AI technologies. It operates Loomi: Short Drama, a mobile streaming platform offering professionally produced multilingual micro dramas, and Imaginary, its proprietary AI-powered cinematic production platform, providing end-to-end AI-assisted content creation capabilities. By combining AI-powered production technologies with proprietary distribution capabilities, Globavend is building an integrated digital entertainment ecosystem while continuing to expand its established cross-border logistics business.
For more information, visit https://globavend.com/.
To view the full press release, visit https://ibn.fm/UVkbq.
