Vinco Ventures Completes Acquisition of TikTok Rival Lomotif
ROCHESTER, N.Y., Dec. 19, 2022 /PRNewswire/ -- Vinco Ventures announces the purchase of all ZVV equity interest of ZVV Media Partners, a joint venture with ZASH Global Media, including TikTok rival Lomotif.
- Vinco Ventures completes the purchase of all ZVV media equity of all ZVV Media Partners.
- ROCHESTER, N.Y., Dec. 19, 2022 /PRNewswire/ -- Vinco Ventures announces the purchase of all ZVV equity interest of ZVV Media Partners, a joint venture with ZASH Global Media, including TikTok rival Lomotif.
- Vinco Ventures' consolidated subsidiary, ZVV Media Partners, LLC, a joint venture of Vinco Ventures and ZASH Global Media and Entertainment Corporation, has an 80% ownership interest in Lomotif Private Limited.
- Private Securities Litigation Reform Act of 1995, which are based upon beliefs of, and information currently available to, Vinco Ventures' management as well as estimates and assumptions made by Vinco Ventures' management.