Zash Global Media to acquire TikTok rival Lomotif
Shortpedia
Content Team
Image Credit: sHortpedia
ZASH Global Media and Entertainment Corp. on Tuesday said it has inked a deal to acquire a majority controlling interest in Lomotif, a Singapore-based video-sharing social networking platform and budding rival to TikTok. The financial terms of the deal were not disclosed. ZASH is backed by former MoviePass Chairman Ted Farnsworth, early Musical.ly investor Jaeson Ma, and early Triller visionary Vincent Butta.
