Welcome to our dedicated page for Globavend Holdings news (Ticker: GVH), a resource for investors and traders seeking the latest updates and insights on Globavend Holdings stock.
Globavend Holdings Limited reports company news around its cross-border e-commerce logistics business serving enterprise merchants and e-commerce platform operators in Hong Kong, Australia and New Zealand. Updates describe end-to-end B2C logistics services, including parcel drop-off, consolidation, air-freight forwarding, customs clearance, on-carriage transportation and final delivery.
Recurring developments include operating and financial results, package-volume and freight-weight trends, customer and partnership activity, and capital-structure actions involving ordinary shares, warrants and shareholder voting matters. Corporate updates also document changes in controlling shareholder, board composition and senior management as the company manages its Nasdaq-listed foreign private issuer profile.
Globavend (NASDAQ: GVH) appointed Fuk Yan (Sharon) Tse as CEO of Loomi Group, its AI-driven digital entertainment arm, a new role aligned with Globavend’s expansion beyond logistics.
The acquisition of Loomi Group closed on May 19, 2026; Globavend now owns 70%, with Ms. Tse retaining 30%.
Globavend (NASDAQ: GVH) signed a definitive agreement to acquire 70% of Loomi Entertainment Group for a nominal consideration of $70, with closing expected on or before May 22, 2026, subject to customary conditions.
The deal expands Globavend from e-commerce logistics into AI-enabled short-form digital entertainment, adding Loomi’s “Loomi: Short Drama” app, its AI production platform “Imaginary”, and operations in Malaysia, Singapore and Hong Kong. Loomi will become a non-wholly-owned subsidiary, and its results, assets, liabilities and an existing ~US$550,000 interest-free shareholder loan owed to the Vendor will be consolidated.
Globavend (NASDAQ: GVH) announced on April 29, 2026 that Central Master Enterprises completed an acquisition that gives it 97.7% of voting power while holding approximately 2.4% of issued shares. The transaction led to board and management changes: Kai Man Fung named Chairman; Tsz Ngo Yu added as director while remaining CFO; Wai Yiu Yau remains CEO; and Kin Fung Tsui joins as independent director. The company said it will pursue mergers and acquisitions and business expansion using the new shareholders' corporate finance expertise and global connections.
Globavend (NASDAQ: GVH) reported full-year results for the year ended September 30, 2025, with $23.6 million revenue, a 42.5% year-over-year increase, and net income of $0.68 million. Average daily packages handled rose to 10,394 (+69.4%), while average daily revenue per freight weight increased 12.7%.
The company said it established a subsidiary in China and built corporate infrastructure to support further expansion, citing an expanding and maturing sales pipeline and anticipated revenue growth into 2026.
Globavend Holdings (NASDAQ: GVH) announced the pricing of a registered direct offering expected to raise approximately $1.4 million in gross proceeds before fees and expenses. The offering consists of 889,359 ordinary shares or pre-funded warrants at an effective purchase price of $1.60 per share. The company intends to use net proceeds for working capital and general corporate purposes. The offering is expected to close on January 2, 2026, with Univest Securities acting as sole placement agent. A final prospectus will be filed with the SEC and be available on the SEC website.
Globavend (NASDAQ: GVH), an emerging e-commerce logistics services provider, has released its unaudited financial results for H1 2025 ending March 31, 2025. The company reported a significant 63.7% increase in revenue compared to the same period last year, indicating accelerated business growth according to CEO Frank Yau.
Globavend Holdings (NASDAQ: GVH), an e-commerce logistics provider, announced that all outstanding Series B Warrants from its June 2025 public offering have been fully exercised through their "zero price exercise" option. The warrants were part of a $15 million public offering that closed on June 27, 2025.
CEO Frank Yau highlighted that the exercise of these warrants simplifies the company's capital structure, improves trading liquidity, and enhances public float. The June offering has strengthened the company's balance sheet with $15 million in gross proceeds.
Globavend Holdings (NASDAQ:GVH) has announced a 1-for-200 reverse stock split of its ordinary shares, scheduled to take effect on July 21, 2025. The reverse split will significantly reduce the company's outstanding shares from approximately 253 million to 1.27 million.
The split was approved by shareholders on April 28, 2025, with the Board of Directors setting the final ratio. The par value will increase from $0.001 to $0.20 per share. VStock Transfer, LLC will serve as the exchange agent, with automatic adjustments for shareholders holding shares in book-entry form or through brokers.
Globavend Holdings (NASDAQ:GVH), an e-commerce logistics provider, has received its first analyst coverage from Litchfield Hills Research LLC with a Buy rating and $0.40 price target, representing significant upside from its current share price of $0.0808.
The research firm estimates Globavend's market share between 1% and 5% in its service territories, highlighting substantial growth potential in a fragmented market. CEO Frank Yau emphasized the company's focus on maximizing investor returns through acquisitions, joint ventures, and strategic partnerships.
The research report, compliant with FINRA rules and MiFID II regulations, is available across multiple financial platforms including Bloomberg, FactSet, and Thomson Reuters.
Globavend Holdings Limited (Nasdaq: GVH) has announced a strategic partnership with Strawberrynet, a leading global online beauty retailer, to target Australia's $8.7 billion cosmetics and beauty market. The partnership aims to enhance the accessibility of premium beauty products for Australian consumers while expanding Globavend's e-commerce logistics presence.
According to market data, Australia's cosmetics and personal market is projected to reach $14 billion by 2033, with a CAGR of 5.47%. Online retail sales in Australia grew by 12% in 2024, with health and beauty products showing a 13.4% increase. Globavend will provide comprehensive logistics services, including secured airfreight capacity, returns management, live customer support, and end-to-end parcel tracking.
The collaboration leverages Globavend's advanced logistics infrastructure across Hong Kong, Australia, and New Zealand, with specialized capabilities in handling dangerous goods shipping for beauty products. This partnership positions both companies to capitalize on the growing demand for international beauty brands in the Australian market.