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Tuesday, 05/18/2021 12:46:26 PM

Tuesday, May 18, 2021 12:46:26 PM

Post# of 8415
"You've Been Scouted" is among the early initiatives designed to expand Lomotif's U.S. user base and engagement as the company broadens its social penetration globally. Lomotif is one of the fastest growing video-sharing social networking platforms in its category over the last three years, with 225+ million installations of the Lomotif app globally in over 200 countries in 300+ languages. Over 300 million videos are watched on the platform per month and over 10 billion atomic clips (User Generated Content (UGC)) have been used to create more than 750 million videos on the platform since its launch. ZASH Global Media and Entertainment Corporation ("ZASH"), entered into a definitive agreement to acquire a majority controlling interest in Lomotif Private Limited ("Lomotif"), which owns the Lomotif platform.

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