Khaby Lame’s nearly $1 billion deal is an all-stock agreement with Rich Sparkle Holdings, not a cash payout. The deal makes him a major shareholder and includes plans for an AI digital version of him.
The all-stock transaction revolved around a small Chinese firm with less than $6 million in revenues, which went public just ...
TikTok star Khaby Lame signs a record-breaking $975M deal for his brand, Step Distinctive Limited. The Hollywood Reporter ...
The equity-driven deal will see Lame becoming a controlling shareholder.
Social media influencer Khaby Lame briefly became one of the wealthiest creators after a $975 million acquisition by Rich Sparkle Holdings, leading to a 650% stock surge.
TikTok’s most-followed creator sells his media company for $975 million, including rights to an A.I. digital twin and global brand operations.
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 ...
Lame, who has over 160 million followers on TikTok, will see his brand stretch into beauty, fragrance and apparel sectors ...
The deal allows Rich Sparkle Holdings 36-months of exclusive global rights to Lame's content.
* Khaby Lame (KAH-bee LAYM), born in Dakar, Senegal, built a global empire without saying a word. His signature TikTok shrug became a universal language. With deadpan reactions to over-the-top “life ...
Rich Sparkle acquires Step Distinctive, linked to TikTok star Khaby Lame, to turn creator-driven reach into a structured commerce engine.
Rich Sparkle Holdings, a U.S.-listed firm, has purchased a partial stake in Khaby Lame's company, Step Distinctive Limited, ...
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