Globavend Holdings Limited (NASDAQ: GVH) announced that it has made a strategic investment in the MAMAMOO 2026 WORLD TOUR <4WARD> Hong Kong concert, scheduled for Oct. 4, 2026, at Kai Tak Arena. The investment is made through its entertainment subsidiary Loomi Entertainment Group, which will serve as an official co-organizer of the event. Under the arrangement, Loomi will receive a pro rata share of the concert's economic returns based on its capital contribution, participating alongside regional entertainment partners in organizing the event.
This investment underscores Globavend's expansion into live entertainment following its acquisition of Loomi. The company stated that the move complements its recently launched AI-powered cinematic production platform, Imaginary. Globavend's combined strategy aims 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, it 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. The company 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/.
The full press release is available at https://ibn.fm/UVkbq.
