Khaby Lame’s nearly $1 billion deal is an all-stock agreement with Rich Sparkle Holdings, not a cash payout. The deal makes ...

TikTok star Khaby Lame signs a record-breaking $975M deal for his brand, Step Distinctive Limited. The Hollywood Reporter ...

The all-stock transaction revolved around a small Chinese firm with less than $6 million in revenues, which went public just six months ago and saw its stock skyrocket over 650% ...

The rise in shares appeared to give Lame a large stake thanks to his ownership structure.

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 (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 ...

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 ...

The deal allows Rich Sparkle Holdings 36-months of exclusive global rights to Lame's content.

The nearly $1 billion all-stock deal marks one of the largest creator economy moves to date, signaling a new era of ...

The equity-driven deal will see Lame becoming a controlling shareholder.

Khaby Lame sold his company in a $975 million all-stock deal to Rich Sparkle Holdings. The stock surged over 650 per cent then dropped 77 per cent, raising expert concerns about valuation and deal ...

Rich Sparkle Holdings, a U.S.-listed firm, has purchased a partial stake in Khaby Lame's company, Step Distinctive Limited, ...