TikTok Approves Asset Entities as an Official TikTok Shop Partner
12 December 2024 - 12:15AM
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 38% have made a
purchase directly through the TikTok platform on its shop feature
(Source: Practical Ecommerce, “Charts: U.S. TikTok Shop Sales,
2023-2024,” link). Content creators of all sizes, curate
videos with products and earn commissions per sale on videos they
make. Brands pay significant commissions to incentivize creators to
sell their products using TikTok’s platform. As of 2024, estimates
of over $20 Billion in revenue have been generated just from Shop
features on TikTok.
“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
OfficerMichael Gaubert, Executive ChairmanAsset Entities Inc.Tel +1
(214) 459-3117 Email Contact
Investor Contact:
Skyline Corporate Communications Group, LLCScott
Powell, President1177 Avenue of the Americas, 5th FloorNew York,
NY 10036Office: (646)
893-5835Email: info@skylineccg.com
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