The equity-driven deal will see Lame becoming a controlling shareholder.
4don MSN
TikTok Star Khaby Lame Sells Company and Authorizes Development of His 'AI Twin' in $975M Deal
Lame, who is the most followed person on TikTok, grew to popularity on TikTok for his spoofs mocking "life hack" videos ...
TikTok’s most-followed creator sells his media company for $975 million, including rights to an A.I. digital twin and global ...
The nearly $1 billion all-stock deal marks one of the largest creator economy moves to date, signaling a new era of ...
The Hong Kong-based company said the deal with Khaby Lame could generate over $4 billion in annual sales.
Rich Sparkle acquires Step Distinctive, linked to TikTok star Khaby Lame, to turn creator-driven reach into a structured commerce engine.
Khaby Lame's Step Distinctive Limited was acquired by Rich Sparkle Holdings for $975 million, with the company transitioning to a platform-led model. The deal includes creating an AI version of Lame.
Khaby Lame, the most-followed TikToker, has partnered with Rich Sparkle Holdings to sell a stake in his company, Step ...
Khaby Lame, the world’s most-followed TikTok creator, has sold part of his company, Step Distinctive Limited, in a transaction valued ...
Step Distinctive Limited, incorporated in the British Virgin Islands, owns 100% of Hong Kong Prosperous Sheep Corporation Limited. The target company and its subsidiary operate in the e-commerce live ...
Rich Sparkle is undergoing a transformative reverse merger with Step Distinctive, shifting from financial printing to live-streaming e-commerce. Massive dilution will occur, with 75 million new shares ...
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