assetentities(ASST)

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TikTok Approves Asset Entities as an Official TikTok Shop Partner
GlobeNewswire News Room· 2024-12-11 13:15
Core Insights - Asset Entities Inc. has been approved as an official TikTok Shop Partner, enhancing its position in the digital marketing and content delivery sector [1][2][4] - TikTok has approximately 1.2 billion users, with around 38% having made purchases directly through its shop feature, indicating a significant market opportunity for Asset Entities [3] Company Overview - Asset Entities Inc. specializes in digital marketing and content delivery services across various social media platforms, including Discord, TikTok, Instagram, and YouTube [6] - The company is recognized as the first publicly traded entity based on the Discord platform, hosting large community-based education and entertainment servers [6] - Asset Entities offers a suite of services known as AE.360.DDM, which focuses on the design, development, and management of Discord community servers [6] Market Context - TikTok's shop features have generated over $20 billion in revenue as of 2024, showcasing the platform's potential for affiliate marketing and brand collaborations [3] - The partnership with TikTok allows Asset Entities to connect brands with creators, facilitating collaborations in the affiliate marketing space [2][4]
Asset Entities Acquires TikTok Money Machine Community Entering the New Multi-Billion TikTok Creator and Seller Market
GlobeNewswire News Room· 2024-11-25 13:00
Core Insights - Asset Entities Inc. has acquired the TikTok Money Machine assets, which includes a Discord community focused on teaching content creators how to sell products on TikTok Shop [1][2] - The acquisition is expected to generate an additional $300,000 in annual revenue and expand the company's presence in the rapidly growing TikTok Shop market [3] - TikTok Shop has generated over $4.6 billion in domestic revenue since its U.S. launch in September 2023, with more than half of U.S.-based marketers utilizing the platform [4] Company Developments - The Discord community associated with the acquisition connects content creators with major consumer product brands, allowing creators to earn commissions on sales made through their TikTok accounts [2] - Asset Entities has secured consulting agreements with TikTok influencers who collectively have 4.7 million followers on TikTok and 280,000 on Instagram [2] - CEO Arshia Sarkhani emphasized that this acquisition aligns with the company's strategic plan to increase gross revenues, following previous acquisitions in the Discord community and payment processing sectors [6] Industry Context - TikTok Shop enables merchants to sell directly to users through various in-app shopping features, including shoppable videos and live shopping experiences [4] - Recent partnerships, such as with Amazon and Walmart Connect, enhance TikTok's capabilities for product promotion and sales [5] - The growth of TikTok Shop reflects a significant trend in social commerce, with a notable increase in marketers leveraging the platform for direct sales [4]
assetentities(ASST) - 2024 Q3 - Quarterly Results
2024-11-15 14:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): November 15, 2024 | --- | --- | --- | |-------------------------------------------------------------------------------------------------------|-------|-----------------------| | ASSET ENTITIES INC. (Exact name of Company as specified in its \nNevada 001-41612 | | charter) \n88-1293236 | | (Stat ...
Asset Entities Gross Revenues Increase 237% for the period ending September 30, 2024
GlobeNewswire News Room· 2024-11-15 13:00
DALLAS, Nov. 15, 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, is pleased to announce that its revenues for the quarter ended September 30, 2024 were $202,921 compared to revenues of $60,135 for the quarter ended September 30, 2023, representing a 237% year over year increase. “We are thrilled to see the st ...
assetentities(ASST) - 2024 Q3 - Quarterly Report
2024-11-14 21:22
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to _____________ Commission File Number: 001-41612 ASSET ENTITIES INC. | --- | --- | |------------------------------------------------------ ...
Asset Entities Signs Macy Gray, Multi-Platinum, Grammy Award Winning Artist, to Design, Develop, and Manage Her Music and Entertainment Discord Community
GlobeNewswire News Room· 2024-10-14 12:00
DALLAS, Oct. 14, 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 that renowned Grammy Award-winning R&B and soul singer, songwriter, producer and actress Macy Gray has chosen Asset Entities to Design, Develop, and Manage her server on the Discord social community platform. Macy Gray is a worldwi ...
Asset Entities Signs Pivotal Agreement to Build What Could Become The World's Largest Digital Fitness Community
GlobeNewswire News Room· 2024-10-09 12:00
DALLAS, Oct. 09, 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, announced today that well-known social media influencer, American fitness model, training specialist, actor, and entrepreneur, Scott Mathison, has selected Asset Entities to Design, Develop, and Manage his digital fitness community server on the D ...
assetentities(ASST) - 2024 Q2 - Quarterly Report
2024-08-14 20:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10−Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to _____________ Commission File Number: 001-41612 ASSET ENTITIES INC. (Exact name of registrant as specified in its charter) | --- | --- | |---- ...
Asset Entities Completes $3 Million Series A Convertible Preferred Stock Transaction Receiving Additional Gross Proceeds of $1.5 Million
Newsfilter· 2024-07-30 12:00
DALLAS, July 30, 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 completed the second closing of its financing transaction involving the sale of shares of the Company's newly designated Series A Convertible Preferred Stock, $0.0001 par value per share, for gross proceeds of $1.5 million, f ...
Asset Entities Inc. Regains Compliance with Nasdaq
Newsfilter· 2024-07-29 12:00
DALLAS, July 29, 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 that the Company received formal notice (the "Notice") from the Nasdaq Office of General Counsel of The Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company has regained compliance with the minimum bid price requirement se ...