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 supports Globavend’s expansion into live entertainment following its acquisition of Loomi and complements its recently launched AI-powered cinematic production platform, Imaginary. The company stated that the 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. It operates Loomi: Short Drama, a mobile streaming platform offering professionally produced multilingual micro dramas, and Imaginary, its AI-powered cinematic production platform.
The move into live events signals Globavend's ambition to create an integrated digital entertainment ecosystem while continuing to expand its established cross-border logistics business. By participating in high-profile concerts like MAMAMOO's world tour, the company gains exposure to new revenue streams and strengthens its presence in the entertainment industry.
The full press release is available at https://ibn.fm/UVkbq. For more information about Globavend Holdings, visit https://globavend.com/.
