TikTok Star Khaby Lame's Rs 8,980 Crore Deal Faces Market Scrutiny Amid Stock Volatility

Khaby Lame sold his company in a $975 million all-stock deal to Rich Sparkle Holdings. The stock surged over 650 per cent then dropped 77 per cent, raising expert concerns about valuation and deal sustainability.

Feb 1, 2026 - 04:30
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TikTok Star Khaby Lame's Rs 8,980 Crore Deal Faces Market Scrutiny Amid Stock Volatility
Khaby Lame sold his company in a $975 million all-stock deal to Rich Sparkle Holdings. The stock surged over 650 per cent then dropped 77 per cent, raising expert concerns about valuation and deal sustainability.

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