TIKTOK AND KUAISHOU RIVAL, LOMOTIF, SELLS TO ZASH



  • Source: GlobeNewswire - - Read: 0

    Summary:

     

    Lomotif Platform is One of the Top Worldwide Social Video-Sharing Apps Today Definitive Agreement Gives ZASH Majority Controlling Interest

    Bethlehem, PA and Singapore, Feb. 23, 2021 (GLOBE NEWSWIRE) -- Vinco Ventures, Inc. (NASDAQ:BBIG) ZASH Global Media and Entertainment Corporation (“ZASH”), the entertainment industry disrupter led by co-founders Ted Farnsworth, financier and former MoviePass Chairman, early Musical.ly (now TikTok) investor Jaeson Ma, and early Triller visionary and board member, Vincent Butta, has entered into a definitive agreement to acquire a majority controlling interest in Lomotif Private Limited (“Lomotif”), the Singapore-based top video-sharing social networking platform and budding rival to TikTok, and Kuaishou (1024.HK on the Hong Kong Stock Exchange). The cl ...

     

     

    Read Full News: https://www.globenewswire.com/news-release/2021/02/23/2180439/0/en/TIKTOK-AND-KUAISHOU-RIVAL-LOMOTIF-SELLS-TO-ZASH.html


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