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TikTok And Kuaishou Rival, Lomotif, Sells To ZASH

February 23, 2021 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 /PRNewswire/   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 closing of the Lomotif acquisition by ZASH is scheduled to occur concurrently with the closing of ZASH s merger and business combination with Vinco Ventures, Inc. (

Former MoviePass Chairman Ted Farnsworth Takes Controlling Stake in TikTok Rival Lomotif

Ted Farnsworth, the financier and former MoviePass chairman, has taken an 80% controlling interest in a rival app to TikTok, the Singapore-based short-form video platform Lomotif. Farnsworth is teaming with early Musical.ly investor Jaeson Ma and Triller board member Vincent Butta on the acquisition on behalf of their Vinco Ventures, Inc. and ZASH Global Media and Entertainment Corporation. Together they will take an 80% controlling stake in.

Former MoviePass chairman s next big bet: a TikTok rival from Singapore

Former MoviePass chairman s next big bet: a TikTok rival from Singapore
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

Ex-MoviePass Chair Farnsworth to Buy Lomotif | Hollywood Reporter

Ex-MoviePass Chair Farnsworth to Buy Lomotif | Hollywood Reporter
hollywoodreporter.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hollywoodreporter.com Daily Mail and Mail on Sunday newspapers.

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