other material
confidence high
sentiment positive
materiality 0.55
Verb's MARKET.live becomes TikTok Shop Partner with referral-based revenue model
TON Strategy Co
- MARKET.live designated as TikTok Shop Partner; TikTok refers brand/creator leads for paid services.
- Revenue: monthly recurring fees plus percentage of monthly revenue from TikTok stores established by MARKET.live.
- TikTok to compensate MARKET.live directly for achieving pre-established performance goals and objectives.
- Co-hosted events: Miami Music Week (March 21, 2024) and exclusive partnership event (April 25, 2024).
- Services include onboarding, training, studio rental, content creation, store maintenance, and TikTok Sample Centers.