- 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
