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TikTok's most popular influencer sold his company for $975m... to a sketchy Chinese "printing" company doing $6m in revenue: a write-up.
🚀 r/wallstreetbets

TikTok's most popular influencer sold his company for $975m... to a sketchy Chinese "printing" company doing $6m in revenue: a write-up.

https://preview.redd.it/ijwnqmqq6zgg1.png?width=1367&format=png&auto=webp&s=23d24c80c7ed6c7cb20aa25441e6b10ef3416fda *(For disclosure: I don't hold any position in $ANPA, nor do I plan to. I wrote this write up since I found it interesting, and also intersects with other work I'm doing)* ***TLDR: Khaby Lame, the most-followed creator on TikTok, sold his holding company to an extremely suspicious Chinese company that sells financial statement printing services and only does $6m in revenue... ye

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