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, scheduled for Oct. 4, 2026, at Kai Tak Arena. Under the arrangement, Loomi will serve as an official co-organizer and receive a pro rata share of the concert's economic returns based on its capital contribution, participating alongside regional entertainment partners.
This investment follows Globavend's acquisition of Loomi and aligns with the company's broader strategy to build a diversified entertainment business. It complements the recently launched AI-powered cinematic production platform, Imaginary, which provides end-to-end AI-assisted content creation capabilities. The combined strategy is intended to span AI-powered content production, live events, artist collaborations, and intellectual property development.
Globavend is an emerging e-commerce logistics provider and AI-powered digital entertainment company. As a logistics provider, it offers integrated cross-border logistics solutions across Hong Kong, Australia, New Zealand, and mainland China. In digital entertainment, 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 for professionally produced multilingual micro dramas, and Imaginary, its proprietary AI-powered cinematic production platform.
For more information, visit the full press release at https://ibn.fm/UVkbq and the company's website at https://globavend.com/.
