NEW YORK, April 21, 2025 /PRNewswire/ — Aloha, Stitch’s ‘ohana! Get ready for the ultimate fluffy party as MINISO’s pop-up celebrating Disney’s Stitch has come to the U.S. for the very first time. From April to June 2025, the furry fun can be found at two major locations across the country – the American Dream Mall in New York, and LA’s Los Cerritos Center. With cuddles and mischief in store, this world-first pop-up is an adorable celebration of everyone’s favorite blue alien!

The MINISO’s Disney’s Stitch fluffy pop-up will open from April 12 until May 4 on the first floor of the American Dream Mall in New York. With Stitch’s signature blue hue as the dominant theme, the pop-ups are a plush paradise, immersing visitors in a Stitch universe. With perfect photo ops galore, fans can enjoy unforgettable experiences and make magical memories to treasure in this limited-time pop-up.

Inside the pop-up, fans can discover nearly 200 Disney’s Stitch collaboration products. The adorable offering is budget-friendly, too, with most items priced between $2 and $20. The undisputed star of the collection? The irresistibly huggable vinyl plush blind box! But that’s not all—MINISO has also curated a diverse selection of Stitch-themed merchandise, from plush keychains and bubble cameras to nightlights, wireless speakers, and keyboards. Whether you’re after toys, electronics, or home accessories, there’s something for everyone!

As one of Disney’s most beloved characters, Stitch has won hearts worldwide with his quirky charm and lovable antics. With a highly-anticipated Lilo & Stitch live-action film set to premiere only in theaters on May 23, 2025, this iconic character is set to take the world by storm again. As part of its Super IP strategy, MINISO has collaborated with globally renowned brands to bring fans innovative and creative products. This collaboration with Disney Stitch marks another exciting milestone.

To celebrate these fluffy-tastic events, MINISO hosted an electrifying party at the American Dream Mall pop-up on April 12. Over 400 Disney’s Stitch lovers were invited to dress up as fluffy Stitches, turning the American Dream Mall into a sea of blue fluffy excitement. The response was overwhelming, with all 2,000 limited-edition vinyl blind boxes available on the first day selling out instantly at both the American Dream and Los Cerritos Center pop-up stores.

But the fun doesn’t stop in the U.S.!  MINISO is bringing the adorable Disney’s Stitch experience to more fans globally this year, with the fluffy party heading to China, Australia, Indonesia, Singapore, Canada, and beyond. Each store is packed with delightful surprises, so don’t miss your chance to dive into Stitch’s fluffy paradise. Stitch is waiting—come join the fun!

About MINISO

MINISO Group is a global lifestyle brand offering a variety of design-led lifestyle products. The Company serves consumers primarily through its large network of MINISO stores, and promotes a relaxing, treasure-hunting, and engaging shopping experience full of delightful surprises that appeals to all demographics. Aesthetically pleasing design, quality and affordability are at the core of every product in MINISO’s wide product portfolio, and the Company continually and frequently rolls out products with these qualities. Since the opening of its first store in China in 2013, the Company has built its flagship brand “MINISO” as a globally recognized retail brand and established a massive store network worldwide.

SINGAPORE, April 21, 2025 /PRNewswire/ — Mega Matrix Inc. (NYSE American: MPU) announced that Yuder Pte. Ltd. (“Yuder”), a indirectly wholly owned subsidiary of it, has signed a Memorandum of Understanding (MOU) with Interactive Films LLC (“Interactive Films”), a subsidiary of Snail, Inc. (Nasdaq: SNAL) (“Snail Games”), a leading global independent developer and publisher of interactive digital entertainment. Under this MOU, both parties will leverage their respective strengths to establish a comprehensive collaboration framework for the joint development, production, and global distribution of short dramas, further enhancing their presence in the entertainment industry.

Mr. Yucheng Hu, CEO of MPU, also commented, “This partnership marks an important step for MPU as we expand our content portfolio and strengthen our presence in the global short-drama industry. Short dramas are seeing increasing popularity, with audience demand for binge-worthy, serialized content on the rise. With Snail Games’ growing integration in artificial intelligence (AI) in its development pipeline and its track record of immersive, story-driven digital entertainment, combined with MPU’s established production and distribution capabilities, we believe this collaboration has the potential to deliver engaging content that resonates with global audiences”.

Snail Games (NasdaqCM: SNAL) is a leading, global independent developer and publisher of interactive digital entertainment for consumers around the world, with a premier portfolio of premium games designed for use on a variety of platforms, including consoles, PCs and mobile devices.

Mr. Hai Shi, Chairman and Co-CEO of Snail Games, commented, “Today’s announcement marks the official launch of our short-drama business. According to WiseGuyReports, the global mini-program short drama market is projected to expand from USD 5.66 billion in 2024 to USD 25.68 billion by 2032, reflecting a strong CAGR of 20.81%. North America, a key market for short-form content, is expected to generate USD 1.89 billion in revenue in 2024, driven by the rapid adoption of streaming services and the growing presence of major industry players. This upward trend underscores the increasing consumer demand for short-form video content, presenting a timely opportunity for our collaboration with MPU to deliver engaging short dramas to audiences worldwide.”

Under the non-binding, non-exclusive MOU, through Yuder and Interactive Film, MPU and Snail Games will explore collaboration on the creative direction and script development of short dramas, production and global distribution of short-form dramas. Leveraging its experienced in-house team and extensive expertise in short-drama production, MPU will oversee outsourced production and post-production to ensure high-quality content. Additionally, Snail Games’ expertise in AI and interactive technologies, honed through game development, may be integrated into personalized recommendations and interactive storytelling, delivering a next-generation immersive viewing experience for audiences.

Although the MOU is non-binding, it reflects the parties’ shared intention to explore co-development of a pipeline of short dramas. By utilizing their well-established international distribution channels in gaming and micro-drama markets, these productions will quickly reach audiences across North America, Southeast Asia, and other global regions, further amplifying both companies’ influence in the global entertainment sector.
Under the terms of the MOU, the parties intend to enter into definitive agreement within 45 days.

This strategic partnership marks a significant step of the short drama business for Snail Games and a significant milestone in MPU’s expansion within the entertainment industry. By aligning with Snail Games, MPU can integrate both parties’ strengths in content creation and technology while leveraging MPU’ global distribution resources to accelerate the worldwide rollout of short dramas. This collaboration is expected to accelerate Snail Games’ entry of the short drama market while providing audiences with a diverse selection of high-quality short dramas.

About Mega Matrix Inc.: Mega Matrix Inc. (NYSE American: MPU) is a holding company and operates FlexTV, a short-video streaming platform and producer of short dramas, through its subsidiary, Yuder Pte, Ltd. Mega Matrix Inc. is a Cayman Island corporation headquartered in Singapore. For more information, please contact info@megamatrix.io or visit: http://www.megamatrix.io.

About Snail Games: Snail Games (NasdaqCM: SNAL), is a leading, global independent developer and publisher of interactive digital entertainment for consumers around the world, with a premier portfolio of premium games designed for use on a variety of platforms, including consoles, PCs and mobile devices. For more information, please visit: https://snail.com/ 

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements that are purely historical are forward looking statements. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose,” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees for future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: that Yuder and Interactive Films will enter into definitive agreements; that the mini-program short drama market will continue to expand as anticipated; the ability to manage growth; ability to identify and integrate future acquisitions; ability to grow and expand our FlexTV business; ability to obtain additional financing in the future to fund capital expenditures; fluctuations in general economic and business conditions; costs or other factors adversely affecting the Company’s profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic; the possibility that the Company may not succeed in developing its new lines of businesses due to, among other things, changes in the business environment, competition, changes in regulation, or other economic and policy factors; and the possibility that the Company’s new lines of business may be adversely affected by other economic, business, and/or competitive factors. The forward-looking statements in this press release and the Company’s future results of operations are subject to additional risks and uncertainties set forth under the heading “Risk Factors” in documents filed by the Company with the Securities and Exchange Commission (“SEC”), including the Company’s latest annual report on Form 20-F, filed with the SEC on March 28, 2025, and are based on information available to the Company on the date hereof. In addition, such risks and uncertainties include the Company’s inability to predict or control bankruptcy proceedings and the uncertainties surrounding the ability to generate cash proceeds through the sale or other monetization of the Company’s assets. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release.

Disclosure Channels

We announce material information about the Company and its services and for complying with our disclosure obligation under Regulation FD via the following social media channels:

The Company will also use its landing page on its corporate website (www.megamatrix.io) to host social media disclosures and/or links to/from such disclosures. The information we post through these social media channels may be deemed material. Accordingly, investors should monitor these social media channels in addition to following our website, press releases, SEC filings and public conference calls and webcasts. The social media channels that we intend to use as a means of disclosing the information described above may be updated from time to time as listed on our website.

For inquiries, please contact: Info@megamatrix.io 

Aimed at makers, crafters, DIY’ers, artists & studios, Clawlab’s tufting tools make out-of-the-box rug making, crafting, & art a reality for beginners or pros alike

LOS ANGELES, April 21, 2025 /PRNewswire/ — Clawlab — the innovative brand at the intersection of textile art and technology — is proud to announce the official launch of its highly anticipated Tufting Gun H1 and Tufting Frame H1. Following their successful crowdfunding campaign, and after months of continued development and listening closely to the needs of creators worldwide the updated Gun and Frame are set to help make tufting the next big trend through its ease of use, and appeal to beginners and professionals alike with its ‘toy-like’ ease of use that produces professional results.

Founded in 2023 by a textile robotics enthusiast, Clawlab has quickly established itself as a pioneer in reimagining tools for the next generation of artisans, hobbyists, and creative technologists. These new releases reflect the company’s mission to simplify and modernize the creative process, making tufting more accessible, efficient, and enjoyable for everyone. Clawlab also aims to cater to tufting enthusiasts through enhanced after-sales support, product tutorials, and ongoing improvements to meet users’ demands.

Clawlab – Where Technology Meets Craftsmanship

The Tufting Gun H1 and Frame H1 are meticulously engineered to elevate the tufting experience, whether you’re a seasoned textile artist or just getting started. With a focus on safety, precision, and ease of use, these tools are designed to empower creators while eliminating common frustrations in the tufting process and come ready to use, with no more sourcing parts or pieces to make a tufting kit. Both the Tufting Gun H1 and Tufting Frame H1 feature upgrades based on direct feedback from users, including an upgraded frame to aid beginners as well as an additional accessory designed to keep the yarn from slipping out of the gun. 

Tufting Gun H1 Product Highlights

-Precision Control: Adjustable speed settings paired with illuminated feedback for flawless results.
-Enhanced Safety: An enclosed mechanism with automatic standby mode ensures worry-free operation.
-Lightweight & Ergonomic: Weighing just 550g, it reduces fatigue and minimizes vibration for longer, more comfortable sessions.
-Built to Last: Durable, low-maintenance design with long-term reliability in mind.

Tufting Frame H1 Product Highlights

-Nail-Free Design: Safe, approachable, and suitable for creators of all skill levels.
-Exceptional Stability: Four vertical support rods deliver eight times the stability of standard frames.
-Effortless Tensioning: A planetary gear system reduces fabric tensioning effort by 75%.
-Continuous Workflow: A unique fabric rod system makes project transitions seamless and uninterrupted.

As tufting rises from niche craft to a celebrated medium of self-expression, especially among Gen Z and young creators, Clawlab’s latest innovations answer the call for tools that are not only functional but also thoughtfully designed for modern makers. These products aim to inspire, empower, and streamline the tufting experience across art, fashion, and interior design.

Both the Tufting Gun H1 and Frame H1 will be available for purchase starting April 21, exclusively at Clawlab.com.

Stay connected with Clawlab! Follow us on Instagram: @clawlab_official, Facebook: HelloCLAWLAB, and join our CLAWLAB Tufting Group, subscribe on YouTube: @Clawlab_official, and find us on TikTok: @clawlab_official. For inquiries, email us at marketing@clawlabtech.com

Tuffing in Your Hand, Chill in Your Life. – The Clawlab Team.

About Clawlab

At Clawlab, we believe everyone should have the opportunity to express their emotions through creativity. Our founder, an innovator at the intersection of technology and art, is passionate about merging these worlds. With extensive experience in the tech industry and a deep love for handcrafted creation, he founded Clawlab in 2023, inspired by the collision of textiles and robotics. Clawlab is more than just a technology brand; it’s a platform empowering artists with professional tools that simplify the creative process. Our tufting tools are designed for artists who may not be familiar with tufting but possess great ideas. We strive to be their creative partner, continuously refining our products through collaboration, allowing creators to focus on their vision and truly enjoy the making process.

• Published in the international journal Heart Rhythm O², the clinical study demonstrates that CART-I achieved 84.6% sensitivity – higher than Apple Watch’s 69.1%

• Sky Labs also recognized with Korea’s top tech honor: IR52 Jang Young-sil Award – Prime Minister’s Award

SEOUL, South Korea, April 21, 2025 /PRNewswire/ — Sky Labs, a health-tech startup based in South Korea, announced that its ring-shaped smart medical device, CART-I (Cardio Tracker), demonstrated higher sensitivity than the Apple Watch in detecting atrial fibrillation (AFib) in a recent clinical study. The study’s findings were published in Heart Rhythm O², a peer-reviewed international journal.

“This study offers strong external validation of CART-I’s performance in detecting atrial fibrillation,” said Jack Lee, CEO of Sky Labs. “Together with CART BP, which focuses on hypertension management, these results demonstrate CART-I’s potential to support broader cardiovascular monitoring in the future. We will continue to develop medical devices that deliver both accuracy and convenience for patients.”

The comparative study, conducted across three hospitals in the UK (Oxford University Hospital, University Hospital Southampton, and Queen Elizabeth Hospital), involved approximately 500 patients and evaluated CART-I and Apple Watch under the same clinical protocol.

Researchers assessed the sensitivity and specificity of each device’s automatic AFib detection algorithms using single-lead electrocardiograms (SL-ECG) data, which was subsequently interpreted by physicians. Results showed that Sky Labs’ CART-I achieved 84.6% sensitivity, while Apple Watch recorded 69.1% under the same protocol. Both devices also demonstrated high performance in physician interpretation of SL-ECGs: the Apple Watch scored 95.4% sensitivity, and CART-I recorded 94.3%.

Unlike prior studies that focused solely on atrial fibrillation, this research is especially meaningful for its inclusion of a broad range of arrhythmias such as atrial flutter and atrial tachycardia.

Researchers noted, however, that wearable devices alone are not yet sufficient for diagnosing specific arrhythmias such as atrial flutter or atrial tachycardia. Physician interpretation remains essential, and automated algorithms should be considered as supportive tools rather than standalone diagnostic solutions.

Separately, Sky Labs’ cuffless ring-type blood pressure monitor, CART BP, was recently awarded the 2024 Prime Minister’s Prize at the IR52 Jang Young-sil Awards, one of Korea’s most prestigious recognitions for technological innovation. CART BP was selected for fulfilling all four key evaluation criteria: economic value, technological importance, originality, and technological independence.

CART BP is an innovative medical device that transforms traditional blood pressure monitoring by replacing cuff-based, intermittent arm measurements with comfortable, finger-based monitoring over a 24-hour period.

The device received regulatory approval from the Korean Ministry of Food and Drug Safety in 2023 and was approved for national health insurance reimbursement in 2024. As of April 2025, CART BP pro is in use at more than 1,300 hospitals and clinics across South Korea, supporting daily blood pressure monitoring and management.

About Sky Labs
Founded in September 2015, Sky Labs is a leading healthcare startup that has developed CART (Cardio Tracker), a ring-shaped medical device designed for disease monitoring using heart signals collected through optical sensors. Following this, the company developed CART BP, a cuffless, ring-shaped device that enables 24-hour blood pressure monitoring, providing valuable treatment information and making a groundbreaking contribution to improving the quality of life for hypertension patients. Sky Labs has signed an exclusive domestic distribution agreement for CART BP pro with South Korea’s Daewoong Pharmaceutical and is preparing for nationwide sales to hospitals, clinics, and general consumers.

Media Inquiries
Edelman Korea SkyLabs@edelman.com

NEW YORK, April 21, 2025 /PRNewswire/ — Ocean West Capital Partners (“Ocean West”) led the successful UCC foreclosure of 285 Madison Avenue last week, a 511,000 square-foot office property primely located in Midtown Manhattan near Grand Central Terminal. Ocean West represented the mezzanine lender, which was comprised of a consortium of some of the largest insurance companies in South Korea.

KOREAN LENDERS AND OCEAN WEST CAPITAL PARTNERS FORECLOSE ON MIDTOWN MANHATTAN OFFICE BUILDING

While the property remains well leased and in one of the top performing submarkets in the U.S., Midtown Manhattan, the loan fell into maturity default in late 2022. Originally the loan was extended to provide time for recovery, but it came back into default in late 2024 when the extension expired. Ocean West was brought in at this time to serve as advisor to the Korea-based mezzanine lender and evaluate various debt recovery strategies.

With Manhattan office leasing trends improving dramatically and increased investment activity in the market, the mezzanine lender concluded that its strongest course of action was to exercise its foreclosure rights and invest new capital to take control of the property. Ocean West will remain involved throughout the investment hold period to oversee the asset. 

“We believe that the quality of the building, the vibrancy of the market, and our cost basis will provide a strong opportunity to enhance cashflows and create value over time,” indicated Ryan Tucker, Principal at Ocean West. The property boasts a desirable Madison Avenue address just one block from Grand Central Terminal, and during a recent renovation, over $80 million was invested in the property to fully modernize the building and enhance the amenity program, which includes a rooftop deck and event space, conferencing center, and onsite gym.

The acquisition of 285 Madison through UCC foreclosure is part of more than $2 billion of New York City assets upon which Ocean West has either acquired or advised upon for Korean institutional investors in the past 12 months.  “We have seen a change in tenor from the Korean lending community whereby they have become more aggressive in protecting assets located in strong markets. These investors represent some of the largest insurance companies and pension funds in the world, who have capital to execute a wide variety of strategies”, said Phil Choi, Principal and Co-Founder of Ocean West. 

DLA Piper LLP represented the mezzanine lender throughout the process and was instrumental in formulating and executing the foreclosure strategy. Newmark managed the UCC auction marketing process, and Daol Asset Management served as the Korean investment advisor for this transaction.

For office leasing inquiries, please contact Daniel Levine (daniel.levine@nmrk.com) and Dylan Weisman (dylan.weisman@nmrk.com) at Newmark.

For retail leasing inquiries, please contact Adam Weinblatt (adam.weinblatt@nmrk.com) and Jason Pruger (jason.pruger@nmrk.com) at Newmark.

Ocean West Capital Partners is a full-service real estate investment and management platform dedicated to identifying and executing opportunities that create long-term value for its partners and investors. Since its founding in 2010, Ocean West has acquired and operated industrial, office, and residential investments, completing over $8.5 billion in commercial real estate transactions.

For press information please contact John Weiss, 213-784-1131, jweiss@oceanwestcp.com

Photo – https://laotiantimes.com/wp-content/uploads/2025/04/ocean_west_capital_partners_manhattan.jpg