SoPa allots another $20m to acquisitionsMr Nguyen says that SoPa has over 2.1 million registered consumers and more than 6,700 registered merchants and brands on its platform. SoPa has over 2.1 million registered consumers and more than 6,700 registered merchants and brands on its platform. On July 14, SoPa announced its acquisition of TMG, which is a social-commerce focused, premium digital video MPN and social commerce platform. TMG's social commerce platform can level up reach and engagement for SoPa's e-commerce ecosystem and its retail partners, he said. According to professional service provider Accenture, the global social commerce market is poised to grow to $1.2 trillion by 2025.
