NEWS
Asset Entities Acquires TikTok Money Machine Community Entering the New Multi-Billion TikTok Creator and Seller Market
Asset Entities (NASDAQ: ASST) has acquired TikTok Money Machine's assets and Discord community, which teaches content creators how to sell products on TikTok Shop through product content videos. The acquisition includes consulting agreements with TikTokers having 4.7 million TikTok followers and 280,000 Instagram followers. The Company expects this acquisition to generate approximately $300,000 in annual revenue. This follows Asset Entities' recent report of a 237% increasein gross revenues for the period ending September 30, 2024. TikTok Shop has generated over $4.6 billion in domestic revenue since its U.S. launch in September 2023.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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