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Verb Technology | 8-K: Market. Live Has Officially Partnered With Tiktok to Provide Live Shopping Services

SEC announcement · Mar 27 07:29

VERB -4.91%

Summary by Moomoo AI

On March 27, 2024, Verb Technology Company, Inc., known for its MARKET.live platform, announced a formal partnership with TikTok Shop, becoming an official TikTok Shop Partner (TSP). This collaboration will see MARKET.live providing a range of paid services to TikTok Shop's referred consumer brands, retailers, influencers, and affiliates. These services include assistance with TikTok onboarding, TikTok store setup, hosting training sessions, studio space rentals on both coasts, content creation, and TikTok Shop maintenance. The partnership also includes revenue generation for MARKET.live through fees and a percentage of monthly revenue from TikTok stores it helps establish. Additionally, TikTok will directly compensate MARKET.live for achieving certain performance goals. The announcement was made via a press release attached as Exhibit 99.1 to the company's Form 8-K filed with the SEC. MARKET.live and TikTok are set to co-host an exclusive event on April 25, 2024, to further announce the partnership, following a successful event in Miami on March 21, 2024.

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Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeline for any particular purpose of the above content.

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