AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Rich Sparkle shares surge 13.92% intraday after sealing $900M deal to acquire TikTok star Khaby Lame's company.
ByAinvest
Monday, Jan 26, 2026 10:42 am ET1min read
ANPA--
Rich Sparkle surged 13.92% intraday following the announcement of a $900 million acquisition of TikTok star Khaby Lame's core company, Step Distinctive Limited. The deal, which includes leveraging 700 million fans, positions the firm to capitalize on creator economy growth through strategic partnerships with global influencers. The transaction, reported by PR Newswire and multiple financial news outlets on January 15, 2026, marks a pivotal expansion into influencer-driven e-commerce and live-streaming platforms, aligning with the stock’s sharp intraday rally.
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc's editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet