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Be Friends Holding Announced the 2024 Interim Results, Revenue Increased by over 43%, Net Profit Surged by over 90%

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HONG KONG, Aug. 26, 2024 /PRNewswire/ — Be Friends Holding Limited (“Be Friends” or the “Group,” Stock Code: 1450), a leading live-streaming e-commerce platform in China, today announced its interim results for the six months ended 30 June 2024 (the “Interim Period”).

For the first half of 2024, the Group recorded revenue of approximately RMB622.1 million, representing a 43.8% year-on-year increase compared to approximately RMB432.7 million for the six months ended June 30, 2023 (the “Corresponding Period of the Previous Year”). The Group’s net profit amounted to approximately RMB83.8 million, marking an approximately 93.8% growth compared to RMB43.3 million in the Corresponding Period of the Previous Year.

Business Review

In the first half of 2024, China’s economy steadily recovered, demonstrating an upward trend toward stabilization. The nation’s gradual relaxation of industrial policies and further emphasis on consumption-driven growth positively impacted various industries. Consequently, the Group’s new media services segment experienced sustained robust growth during the Interim Period, generating revenue of approximately RMB563.6 million, representing an increase of approximately 43.9% compared to approximately RMB391.7 million in the Corresponding Period of the Previous Year. This segment contributed roughly 90.6% of the Group’s total revenue. By implementing a standardized and replicable “matrix live-streaming channel” operation model, the Group has been able to cater to consumers’ diverse and nuanced preferences, thereby enabling more precise user engagement and fostering enhanced user conversion efficiency. During the Interim Period, the Group completed gross merchandise volume (GMV) of approximately RMB5.96 billion on the new media platform, representing an increase of approximately 18.2% as compared to the Corresponding Period of the Previous Year, and remained firm in occupying the top spot in the live-steaming e-commerce industry. The number of live-streaming channels independently owned and operated by the Group exceeded 50, which is one of the most significant numbers of live-streaming channels in the new media business area, reflecting the Group’s valuable operational experience, methodology, and data capabilities in the field of live-streaming e-commerce, and demonstrating the successful practice of our standardized and replicable “matrix live-streaming channel” operation model.

The Group’s live-streaming e-commerce business is always committed to building a long-term trust environment for merchants and consumers, creating a shopping channel that satisfies merchants and makes consumers comfortable, and becoming a trustworthy friend of our partners. The Group consistently deepens its efforts in product selection, diligently discovering and promoting high-quality merchandise with solid credentials. On the supply chain front, the Group continues to expand its capabilities, with its self-developed “Friend Cloud” platform providing stable and efficient operational support for multi-platform live streaming across various channels, realizing end-to-end management of the entire chain from merchant recruitment, intelligent product selection, compliance audit, goods management to financial settlement, which has greatly improved the efficiency and standardization of the live-streaming retail business. Concurrently, as the live-streaming e-commerce industry experiences rapid development, the Group actively explores innovative technologies and emerging opportunities to spearhead industry advancement. The Group has formally set up a team to initiate the research and development of artificial intelligence (“AI”) live-streaming project during the Interim Period. The goal of the AI live-streaming project is to realize full-scene decision-making by AI system in the field of live-streaming e-commerce, including product selection decision-making, data analysis, traffic placement decision-making, and data review, etc., to ensure that the entire operation process is highly efficient and intelligent.

The Group’s strategic layout of new media services business has passed the fourth year, “Be Friends” has become a popular brand in the field of new media. During the Interim Period, the Group set up the “Be Friends Industry Research Institute” and were included in the “Specialized, Sophisticated and New Enterprises Cultivation Plan for Improving Quality and Efficiency in Zhejiang Province” as a think-tank. In addition, the Group was awarded the “Best MCN Organization of the Year” by Douyin E-commerce for its outstanding performance and contribution to the field of e-commerce live-streaming.

The Group’s television broadcasting business segment also strongly performed during the Interim Period. With the impact of the pandemic gradually fading and improved annual budget conditions among clients, the Group’s television broadcasting business segment generated approximately RMB58.4 million, representing an approximately 42.6% increase compared to approximately RMB41.0 million in the Corresponding Period of the Previous Year. This segment accounted for roughly 9.4% of the Group’s total revenue. The Group has continued to invest in research and development, responded to the government’s policy of supporting the localization of scientific and technological achievements, and persisted in accumulating self-developed products in the field of communication and transmission. Relying on its strong technical strength, rich industry experience, and sales channels, the Group’s television broadcasting business segment remains in a relatively leading position in the industry.

Looking to the future, the all-media industry has entered a new stage of development. As industry concentration gradually increases, it presents challenges and significant opportunities for the Group. The Group will firmly march towards becoming a technology-driven new retail enterprise. The Group persists in cultivating technological innovation and digital infrastructure development. By leveraging the “Friend Cloud” platform and AI systems, the Group strives to enhance supply chain management and operational efficiency comprehensively. Additionally, the Group actively promotes the new retail model of industrial traceability, explores overseas markets, and aspires to achieve long-term, stable business growth globally.

Meanwhile, to express its gratitude for the unwavering support from the shareholders, the Group announced on July 8 that it intends to use its own funds of up to HK$30 million to repurchase shares of the Company in the open market from time to time to bolster market confidence, enhance shareholder returns, and demonstrate the management’s belief in the long-term value of the Group.

About Be Friends Holding Limited

Be Friends Holding Limited (1450.HK) is dedicated to becoming a technology-driven new retail enterprise with a core focus on all media live-streaming operations within its new media services and television broadcasting business. The Group has successfully established its presence across multiple platforms, including Douyin, Taobao, and JD.com, independently owning and operating over 50 live-streaming channels, with a total live-streaming fan base exceeding 68 million and a standardized and replicable “matrix live-streaming channel” operation model, enabling the Group to become a trusted channel brand for both merchants and consumers, ultimately contributing to steady business growth.

For more information about the Company, please visit: https://www.befriends.com.cn

For inquiry, please contact: IR@befriends.com.cn, or DLK Advisory: +852 2857 7101 pr@dlkadvisory.com

View original content:https://www.prnewswire.com/news-releases/be-friends-holding-announced-the-2024-interim-results-revenue-increased-by-over-43-net-profit-surged-by-over-90-302230361.html

SOURCE Be Friends Holding Limited

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Technology Drives the Future of Travel: JETOUR Continues to Expand Its “Travel+” Ecosystem

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WUHU, China, Oct. 24, 2026 /PRNewswire/ — Expectations for travel are evolving: vehicles are no longer simply a means of reaching a destination, but travel companions that bring people closer to nature, serving as a “mobile third space.”

JETOUR continues to advance its “Travel+” strategy, integrating technological innovation, product development, and ecosystem building into real travel scenarios. From October 20 to 23, the 2026 JETOUR Global Technology Experience Day, themed “Future Travel Starts Now,” takes place across Wuhu, Anhui and Moganshan, Zhejiang, featuring technology experiences, on-road driving, outdoor living, and conservation activities.

Technological Innovation: Expanding the Possibilities of Travel

Backed by the Group’s expertise in AI, intelligent driving, smart cabins, and AiMOGA Robotics, JETOUR turns cutting-edge technology into experiences users can genuinely feel. The XWD Fully Automatic Intelligent 4WD, with 7+X one-touch modes, tackles mountain roads, gravel, and water crossings, while the GAIA All-Terrain Intelligent Architecture adapts to diverse terrain and C-DM hybrid technology balances performance with efficiency. On October 21, models with these technologies take on mountain-road test drives at Moganshan.

A Diverse Product Lineup: Enriching the Travel Experience

The G700 combines premium comfort with hardcore off-road capability, while the T1 and T2 suit both urban driving and light off-road adventures. Roof tents, onboard refrigerators, and other ecosystem equipment turn the vehicle into an all-round companion. JETOUR also hosts a camping market and a Starry Night Forum, bringing product features into real travel settings.

Ecosystem: Extending the Value of Travel

Travel is about understanding cultures and protecting nature as well as exploration. Participants visit Xiazhu Lake in Zhejiang for a crested ibis conservation initiative. Globally, JETOUR supports cheetah conservation in Africa, turtle conservation in Malaysia, harpy eagle conservation in Panama, and protection of Pakistan’s national animal, the markhor.

JETOUR has also partnered with Chile’s Colo-Colo, FIBA, and the Malaysia Marathon, broadening engagement with local culture, sport, and communities — giving “Travel+” an ever richer meaning.

JETOUR now joins travelers worldwide across city, mountain, and wetland, exploring new possibilities through the deeper integration of technology and travel.

ABOUT JETOUR

Launched in 2018, JETOUR follows the “Travel+” strategy and has entered over 100 countries and regions, with 2,000+ sales and after-sales outlets. Its lineup includes the T Series for light off-road and the G Series for the premium luxury off-road market, covering urban commuting, family road trips, outdoor camping, and long-distance journeys.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/technology-drives-the-future-of-travel-jetour-continues-to-expand-its-travel-ecosystem-302918650.html

SOURCE JETOUR

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Technology Drives the Future of Travel: JETOUR Continues to Expand Its “Travel+” Ecosystem

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WUHU, China, Oct. 24, 2026 /PRNewswire/ — Expectations for travel are evolving: vehicles are no longer simply a means of reaching a destination, but travel companions that bring people closer to nature, serving as a “mobile third space.”

JETOUR continues to advance its “Travel+” strategy, integrating technological innovation, product development, and ecosystem building into real travel scenarios. From October 20 to 23, the 2026 JETOUR Global Technology Experience Day, themed “Future Travel Starts Now,” takes place across Wuhu, Anhui and Moganshan, Zhejiang, featuring technology experiences, on-road driving, outdoor living, and conservation activities.

Technological Innovation: Expanding the Possibilities of Travel

Backed by the Group’s expertise in AI, intelligent driving, smart cabins, and AiMOGA Robotics, JETOUR turns cutting-edge technology into experiences users can genuinely feel. The XWD Fully Automatic Intelligent 4WD, with 7+X one-touch modes, tackles mountain roads, gravel, and water crossings, while the GAIA All-Terrain Intelligent Architecture adapts to diverse terrain and C-DM hybrid technology balances performance with efficiency. On October 21, models with these technologies take on mountain-road test drives at Moganshan.

A Diverse Product Lineup: Enriching the Travel Experience

The G700 combines premium comfort with hardcore off-road capability, while the T1 and T2 suit both urban driving and light off-road adventures. Roof tents, onboard refrigerators, and other ecosystem equipment turn the vehicle into an all-round companion. JETOUR also hosts a camping market and a Starry Night Forum, bringing product features into real travel settings.

Ecosystem: Extending the Value of Travel

Travel is about understanding cultures and protecting nature as well as exploration. Participants visit Xiazhu Lake in Zhejiang for a crested ibis conservation initiative. Globally, JETOUR supports cheetah conservation in Africa, turtle conservation in Malaysia, harpy eagle conservation in Panama, and protection of Pakistan’s national animal, the markhor.

JETOUR has also partnered with Chile’s Colo-Colo, FIBA, and the Malaysia Marathon, broadening engagement with local culture, sport, and communities — giving “Travel+” an ever richer meaning.

JETOUR now joins travelers worldwide across city, mountain, and wetland, exploring new possibilities through the deeper integration of technology and travel.

ABOUT JETOUR

Launched in 2018, JETOUR follows the “Travel+” strategy and has entered over 100 countries and regions, with 2,000+ sales and after-sales outlets. Its lineup includes the T Series for light off-road and the G Series for the premium luxury off-road market, covering urban commuting, family road trips, outdoor camping, and long-distance journeys.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/technology-drives-the-future-of-travel-jetour-continues-to-expand-its-travel-ecosystem-302918650.html

SOURCE JETOUR

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Best AI Tools for Marketing Content (2026): CapCut Recognized for Faster AI-Powered Video and Image Creation by Better Business Advice

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NEW YORK, Oct. 24, 2026 /PRNewswire/ — Better Business Advice has recognized CapCut in its 2026 coverage of the best AI tools for marketing content, highlighting its collection of AI-powered features for creating and editing videos, images, audio, and other campaign assets. The recognition reflects growing interest in tools that help transform creative concepts into usable marketing materials while reducing the manual work involved in production.

Best AI Marketing Tools

Seedance 2.0 – an AI video generation model that creates videos from text prompts or imagesSeedream – an AI image generation model that creates high-quality visuals from text prompts

AI-powered content creation is changing how businesses develop digital marketing campaigns. From promotional videos and product imagery to social media graphics and branded audio, organizations face growing demand for creative assets across multiple digital channels. Tools that simplify production and support faster experimentation are becoming an increasingly important part of modern marketing workflows.

CapCut offers a range of AI-assisted capabilities covering several stages of content creation. These include text-based video generation, AI image generation, background removal, image expansion, music generation, and photo animation. Together, the tools provide options for producing marketing assets for social media, digital advertising, product promotions, and other online campaigns.

AI Video Generation Supports Promotional Campaigns

Video is an important format for communicating product information, presenting services, and building audience engagement. However, producing video content regularly can require significant planning, editing, and creative resources.

CapCut’s Seedance 2.0 AI video generator supports prompt-based video creation. Users can describe a creative concept and generate video content that serves as a starting point for further development.

The capability can support promotional videos, product showcases, educational content, and social media campaigns. It also gives creators a way to explore different visual approaches during the planning stage before refining the selected direction.

For businesses producing content across multiple channels, AI-assisted video generation can help reduce the effort required to develop initial concepts. Generated material can then be reviewed and edited to align with campaign objectives, brand guidelines, and platform requirements.

Image Generation Helps Develop Marketing Concepts

Visual assets influence how products, services, and campaigns are presented to audiences. Developing suitable imagery often involves several rounds of brainstorming and creative testing before a final direction is selected.

CapCut’s Seedream AI image generator enables users to create images from text prompts. The tool can support concept drafts, campaign planning, and experimentation with different visual styles.

For example, a seasonal marketing campaign may require several approaches to backgrounds, compositions, and visual themes. AI-generated drafts can help illustrate those options before resources are committed to final production.

CapCut’s GPT Image 2 provides another option for generating images from natural language instructions. The feature can support the development of promotional graphics, campaign imagery, and other visual assets.

These tools help shorten the early stages of creative development by making it easier to turn written ideas into visual references. Human review remains important to ensure the resulting assets accurately represent the product and meet the campaign’s requirements.

Image Editing Simplifies Asset Preparation

AI image generation is only one part of preparing content for publication. Existing photographs and graphics often need adjustments before they can be used across marketing channels.

CapCut’s AI background removal tool helps separate subjects from their original backgrounds. This can be useful when preparing product images, promotional graphics, and other assets that require a different visual setting.

The AI Image Extender addresses the challenge of adapting images to different layouts. By generating content beyond an image’s original boundaries, the tool can help users adjust compositions for different formats without relying entirely on cropping or stretching.

These capabilities can support the preparation of visuals for social media posts, website banners, digital advertisements, and product promotions. They also provide options for repurposing existing creative assets instead of producing entirely new images for every placement.

AI Audio and Photo Animation Expand Creative Options

Marketing content often combines visuals, movement, and sound to communicate a message. Producing these elements separately can add complexity to the creative process.

CapCut’s SeedMusic AI audio generator supports AI-assisted music creation based on creative prompts. Generated music can be used as a starting point for videos, promotional campaigns, and other multimedia projects, subject to appropriate review and usage requirements.

The platform’s Photo-to-3D tool offers another way to adapt still images into more dynamic visual content. This capability can help transform existing photography into animated presentations for product showcases, social media, and digital promotions.

By supporting audio creation and image animation alongside video and image tools, CapCut provides additional options for developing varied marketing materials.

A Connected Workflow for Marketing Content

CapCut’s collection of AI-powered features supports several stages of campaign production within one creative environment. A project could begin with concept images generated through Seedream, followed by visual development with GPT Image 2. Background removal and image expansion can then help prepare assets for different placements.

Selected visuals can be incorporated into video projects using Seedance 2.0, while SeedMusic offers an option for developing accompanying audio. Photo-to-3D can provide another format for repurposing existing images.

Not every campaign requires all these capabilities. Their practical value depends on the content format, production requirements, and intended audience. Reviewing generated assets for accuracy, visual consistency, and suitability remains essential before publication.

Better Business Advice’s recognition of CapCut reflects the growing role of AI-assisted production in digital marketing. As businesses continue to develop content for multiple channels, tools that support video creation, image generation, editing, and multimedia production can help simplify creative workflows while leaving room for human direction and quality control.

The full article can be read at the Better Business Advice website.

About CapCut

CapCut is an AI-powered photo and video editing platform designed to make high-quality video creation accessible across devices. The platform supports creators, businesses, and everyday users with tools for video editing, AI video generation, captions, templates, audio, and visual editing. CapCut is available across mobile, web, desktop, and iPad experiences, helping users create, edit, and prepare video content for social media, marketing, education, and personal projects.

About Better Business Advice: Better Business Advice covers the news and strategies driving modern business success. The information provided by Better Business Advice does not, and is not intended to, constitute legal advice; instead, all information, content, and materials are for general informational purposes only. As an affiliate, Better Business Advice may earn commissions from services mentioned in the links provided.

View original content:https://www.prnewswire.com/news-releases/best-ai-tools-for-marketing-content-2026-capcut-recognized-for-faster-ai-powered-video-and-image-creation-by-better-business-advice-302918030.html

SOURCE BetterBusinessAdvice.com

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