The Hong Kong-based company said the deal with Khaby Lame could generate over $4 billion in annual sales.
The all-stock transaction revolved around a small Chinese firm with less than $6 million in revenues, which went public just ...
The only risk to the U.S. isn’t TikTok and the CCP, but a pundit and political class so eager to have the U.S. act like the ...
The nearly $1 billion all-stock deal marks one of the largest creator economy moves to date, signaling a new era of ...
TikTok star Khaby Lame signs a record-breaking $975M deal for his brand, Step Distinctive Limited. The Hollywood Reporter reports that Rich Sparkle Holdings, a Hong Kong-based company, has acquired a ...
Khaby Lame sold his company in a $975 million all-stock deal to Rich Sparkle Holdings. The stock surged over 650 per cent ...
Lame, who is the most followed person on TikTok, grew to popularity on TikTok for his spoofs mocking "life hack" videos ...
The equity-driven deal will see Lame becoming a controlling shareholder.
The short-form Chinese-owned video app TikTok said Tuesday that it was withdrawing from Hong Kong, the latest tech company to review its involvement in the territory following a sweeping national ...
HONG KONG — TikTok has returned to the app stores of Apple and Google in the U.S., after President Donald Trump delayed the enforcement of a TikTok ban. TikTok, which is operated by Chinese technology ...