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

SEC announcement ·  Mar 27 19:29
Summary by Futu 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.
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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