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AppsVillage: Signed an agreement with TikTok

  • AppsVillage (APV) has signed an agreement with TikTok (Singapore) that will enable its small and medium business (SMB) customers to advertise on the app
  • Under the initial one-year agreement, AppsVillage will expand its advertising manager Jarvis to the video-sharing social media platform
  • This will allow AppsVillage’s 4500 SMB customers to create advertising and promotional campaigns within minutes using the software
  • AppsVillage will charge a fee to the advertising business and in turn, pay a fee to TikTok
  • The company anticipates that over time the new partnership will generate material revenue
  • Shares have been trading 77.1 percent higher at 17 cents

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