TikTok Approves Asset Entities as an Official TikTok Shop Partner
Asset Entities (NASDAQ: ASST) has been approved as an official TikTok Shop Partner following its acquisition of TikTok Shop community, TikTok Money Machine, in November 2024. The company will collaborate with TikTok to connect brands with creators in the affiliate marketing space. TikTok's platform, with approximately 1.2 Billion users, has seen around 38% of users making direct purchases through its shop feature. The platform has generated estimated revenue exceeding $20 Billion from Shop features as of 2024, with content creators earning commissions from product sales through their videos.
Asset Entities (NASDAQ: ASST) è stata approvata come Partner ufficiale di TikTok Shop a seguito dell'acquisizione della community di TikTok Shop, TikTok Money Machine, avvenuta a novembre 2024. L'azienda collaborerà con TikTok per connettere i marchi con i creatori nel settore del marketing di affiliazione. La piattaforma di TikTok, con circa 1,2 miliardi di utenti, ha visto circa il 38% degli utenti effettuare acquisti diretti tramite la sua funzione shop. La piattaforma ha generato ricavi stimati superiori a 20 miliardi di dollari dalle funzioni shop a partire dal 2024, con i creatori di contenuti che guadagnano commissioni dalle vendite dei prodotti attraverso i loro video.
Asset Entities (NASDAQ: ASST) ha sido aprobada como Socio oficial de TikTok Shop tras adquirir la comunidad de TikTok Shop, TikTok Money Machine, en noviembre de 2024. La empresa colaborará con TikTok para conectar marcas con creadores en el espacio de marketing de afiliados. La plataforma de TikTok, con aproximadamente 1.2 mil millones de usuarios, ha visto que alrededor del 38% de los usuarios realizan compras directas a través de su función de tienda. La plataforma ha generado ingresos estimados que superan los 20 mil millones de dólares a partir de las funciones de tienda en 2024, con los creadores de contenido ganando comisiones por las ventas de productos a través de sus videos.
Asset Entities (NASDAQ: ASST)는 2024년 11월 TikTok Money Machine이라는 TikTok Shop 커뮤니티를 인수한 후 공식 TikTok Shop 파트너로 승인되었습니다. 이 회사는 TikTok과 협력하여 브랜드와 제휴 마케팅 분야의 제작자를 연결할 것입니다. 약 12억 명의 사용자를 보유한 TikTok 플랫폼은 사용자 중 약 38%가 상점 기능을 통해 직접 구매를 하고 있습니다. 이 플랫폼은 2024년 기준으로 상점 기능에서 200억 달러 이상의 추정 수익을 생성했으며, 콘텐츠 제작자는 자신의 동영상을 통해 제품 판매로부터 커미션을 받고 있습니다.
Asset Entities (NASDAQ: ASST) a été approuvé en tant que partenaire officiel de TikTok Shop suite à l'acquisition de la communauté TikTok Shop, TikTok Money Machine, en novembre 2024. L'entreprise collaborera avec TikTok pour connecter des marques avec des créateurs dans le domaine du marketing d'affiliation. La plateforme TikTok, comptant environ 1,2 milliard d'utilisateurs, a enregistré environ 38 % des utilisateurs effectuant des achats directs via sa fonction boutique. La plateforme a généré des revenus estimés à plus de 20 milliards de dollars grâce aux fonctions boutique en 2024, les créateurs de contenu gagnant des commissions sur les ventes de produits à travers leurs vidéos.
Asset Entities (NASDAQ: ASST) wurde nach der Übernahme der TikTok Shop-Community, TikTok Money Machine, im November 2024 als offizieller TikTok Shop-Partner genehmigt. Das Unternehmen wird mit TikTok zusammenarbeiten, um Marken mit Creatorn im Bereich Affiliate-Marketing zu verbinden. Die Plattform von TikTok hat etwa 1,2 Milliarden Nutzer und etwa 38 % der Nutzer haben über die Shop-Funktion direkte Käufe getätigt. Die Plattform hat bis 2024 voraussichtlich Einnahmen von über 20 Milliarden Dollar aus Shop-Funktionen erzielt, wobei Content-Creator Provisionen aus Produktverkäufen durch ihre Videos verdienen.
- Official TikTok Shop Partner status granted, enabling brand-creator connections
- Access to TikTok's massive user base of 1.2 Billion users
- Exposure to TikTok Shop's $20 Billion revenue stream
- 38% of TikTok users make direct purchases through the platform
- None.
Insights
The TikTok Shop Partner approval represents a significant strategic opportunity for Asset Entities in the rapidly growing social commerce space. With TikTok's massive user base of 1.2 billion and shop features generating over
TikTok's Shop Partner status gives ASST direct access to the platform's e-commerce infrastructure and affiliate marketing tools. The recent acquisition of TikTok Money Machine community demonstrates strategic integration into TikTok's ecosystem. This positions ASST to leverage its existing digital marketing expertise across Discord with TikTok's sophisticated social commerce features. The partnership enables seamless creator-brand collaborations and commission tracking, potentially creating a scalable revenue stream in the creator economy space.
DALLAS, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Asset Entities Inc. (“Asset Entities” or the “Company”) (NASDAQ: ASST), a provider of digital marketing and content delivery services across Discord and other social media platforms, and a Ternary Payment Platform company, today announced it has been approved as an official TikTok Shop Partner. TikTok is one of the largest social media platforms in the world.
After acquiring the TikTok Shop community, TikTok Money Machine, in November 2024, TikTok’s Global E-Commerce Partner Team notified Asset Entities late Monday afternoon that the Company is approved as an official TikTok Shop Partner. Asset Entities will now work with TikTok to connect brands with creators and help them collaborate further in the affiliate marketing space.
TikTok currently has around 1.2 Billion users, and according to a new survey, approximately
“We at Asset Entities are honored to become an official partner of TikTok. Becoming a TikTok Shop Partner opens many doors for the company to further establish itself in the ever-growing creator economy space,” says Asset Entities’ Chief Executive Officer, Arshia Sarkhani.
To learn about Asset Entities, please go to www.assetentities.com. To learn about the Ternary payment platform, please go to www.ternarydev.com. To learn about Asset Entities 360 suite of discord services, go to https://www.ae360ddm.com/ and https://discord.gg/ae360ddm.
About Asset Entities, Inc.
Asset Entities Inc. is a technology company providing social media marketing, management, and content delivery across Discord, TikTok, Instagram, X (formerly Twitter), YouTube, and other social media platforms. Asset Entities is believed to be the first publicly traded Company based on the Discord platform, where it hosts some of Discord’s largest social community-based education and entertainment servers. The Company’s AE.360.DDM suite of services is believed to be the first of its kind for the Design, Development, and Management of Discord community servers. Asset Entities’ initial AE.360.DDM customers have included businesses and celebrities. The Company also has its Ternary payment platform that is a Stripe-verified partner and CRM for Discord communities. The Company’s Social Influencer Network (SiN) service offers white-label marketing, content creation, content management, TikTok promotions, and TikTok consulting to clients in all industries and markets. The Company’s SiN influencers can increase the social media reach of client Discord servers and drives traffic to their businesses. Learn more at assetentities.com, and follow the Company on X at $ASST and @assetentities.
Important Cautions Regarding Forward-Looking Statements
This press release contains forward-looking statements. In addition, from time to time, representatives of the Company may make forward-looking statements orally or in writing. These forward-looking statements are based on expectations and projections about future events, which are derived from the information currently available to the Company. Such forward-looking statements relate to future events or the Company’s future performance, including its financial performance and projections, growth in revenue and earnings, and business prospects and opportunities. Forward-looking statements can be identified by those statements that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors including those that are described in the section titled “Risk Factors” in the Company’s periodic reports which are filed with the Securities and Exchange Commission. These and other factors may cause the Company’s actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any responsibility to update the forward-looking statements in this release, except in accordance with applicable law.
Company Contacts:
Arshia Sarkhani, President and Chief Executive Officer
Michael Gaubert, Executive Chairman
Asset Entities Inc.
Tel +1 (214) 459-3117
Email Contact
Investor Contact:
Skyline Corporate Communications Group, LLC
Scott Powell, President
1177 Avenue of the Americas, 5th Floor
New York, NY 10036
Office: (646) 893-5835
Email: info@skylineccg.com
FAQ
What does Asset Entities' (ASST) TikTok Shop Partner status mean for the company?
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