WORLDGATEGLOBAL (08292) announced that the group's interactive entertainment business "VSING" opened its first flagship store in Hong Kong's Central district on August 20, 2025. VSING Central will serve as a strategic platform to revitalize Hong Kong's nightlife and live performance culture while showcasing VSING's cutting-edge developments.
VSING Central represents the future of live entertainment, featuring Hong Kong's first four-sided immersive stage with stunning real-time dynamic visual effects that immerse both audiences and performers. The venue's ceiling, floor, and walls are equipped with LED screens, creating a kaleidoscopic 360-degree "surround vision" experience that transcends the boundaries of traditional nightlife entertainment. Additionally, multi-directional stage effects and other technologies are specifically designed to synchronize with live performances, recreating concert-level atmosphere and environment typically inaccessible to general audiences.
The venue serves as a professional-grade platform capable of hosting intimate concerts, live performances, private shows, and even international and national competitions, providing emerging talent with opportunities to perform in world-class environments. VSING aims to attract younger audiences through expansion and innovation, aligning with consumption trends of audiences increasingly immersed in the digital world. By integrating modern interactive communication technology and livestreaming culture into VSING's core experience, it gamifies Hong Kong's time-honored traditional karaoke experience, creating superior entertainment experiences that meet the evolving demands of today's participation-driven livestreaming and social media culture. This introduces a new business model to Hong Kong, aiming to inject vitality into the local market and meet the expectations of young, internet-generation audiences, potentially opening doors to new expansion and development opportunities.
Currently, VSING operates in 12 regions and 37 cities globally, including Mainland China, Hong Kong, Taiwan, Japan, Thailand, the United States, Canada, and Australia. VSING Central symbolizes VSING's robust commitment to its expansion plan of at least 10 new stores monthly, targeting 100 global locations and reaching 500,000 users by year-end. With the successful opening of VSING Central flagship store, VSING is progressively moving toward its goals, establishing a strong competitive market position in Hong Kong's rapidly emerging interactive entertainment market.
The company will make timely announcements regarding VSING's business developments as appropriate.