TechMediaBreaks – Globavend Holdings Limited (NASDAQ: GVH) Invests in MAMAMOO Hong Kong Concert, Expands Entertainment Business
Globavend Holdings (NASDAQ: GVH) announced that, through its entertainment subsidiary Loomi Entertainment Group, it has made a strategic investment in the MAMAMOO 2026 WORLD TOUR <4WARD> Hong Kong and will serve as an official co-organizer of the Oct. 4, 2026, concert 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. Globavend said the investment supports its expansion into live entertainment following its acquisition of Loomi and complements its recently launched AI-powered cinematic production platform, Imaginary. The company said the combined strategy is intended…