Behind Southeast Asia’s live-commerce boom sits a layer most coverage skips: the agencies that actually run it. TikTok Shop’s regional GMV doubled to $45.6 billion in 2025 (Momentum Works), and a large share of that selling is operated not by brands or by creators directly, but by MCNs — multi-channel networks that recruit the creators, run the livestreams, and take a cut of the sales. They are the plumbing between platforms and sellers, and in a region where video and live shopping already drive around 20% of e-commerce GMV, they are quietly one of the most important businesses in Asian retail. Here’s how the money actually moves.
What is an MCN?
An MCN is the talent-agency-plus-monetisation layer that sits between a platform and its creators. It recruits and trains creators, produces or supports their content, plugs them into brand deals and commerce, and takes a percentage. The model started with YouTube MCNs in the 2010s — companies like Maker Studios bundling channels to optimise ad revenue — then mutated in China into something far more powerful: the live-commerce MCN.
China’s version manages stables of livestream hosts who sell product for hours at a time. The canonical example is Qianxun Group, the Hangzhou MCN behind top livestreamer Viya, which reportedly partnered with more than 20,000 businesses at its peak. That model — content, traffic operations and livestream selling under one roof — is what rode TikTok Shop and Douyin into Southeast Asia. The export happened less through famous Chinese MCNs opening regional offices and more through the platforms themselves seeding a local agency layer.
How the MCN model works in Southeast Asia
The Southeast Asian pattern is essentially a creator factory. Agencies recruit and train large numbers of hosts, run live-commerce operations on behalf of brands — supplying the streamer, the studio and the content — and take a cut of the resulting GMV. The brand often never touches the livestream; the agency runs the whole shop.
Thailand is the most live-commerce-native market in the region, where multi-hour selling sessions are routine and the agency scene is dense — the original query that prompts much of this interest is about MCN and creator support in Thailand specifically. Indonesia, the largest market, hosts the biggest creator-factory operations. Vietnam is the fastest-growing. Across all of them, the structural role is the same: the MCN is the operating company that turns a brand’s products and a platform’s audience into live sales.
Who are the main players?
A real, verifiable set of agencies now operates this layer across the region:
AnyMind Group, a Tokyo-and-Singapore-listed firm, is a certified TikTok Shop Partner across the Philippines, Malaysia, Vietnam and Indonesia and a “Prime Partner” in Thailand, and has run live commerce since 2022 — recently launching AnyLive, a platform using AI virtual streamers. Mago is a leading Thai TikTok live and MCN agency. FEB Digital is a major Indonesian TikTok Shop MCN. Others operating in the space include Asia Influencer X, MCN Asia, Malaysia’s YESCOM, LiveBuzz Studio and Total Marketing. On the affiliate side, Involve Asia is the leading Southeast Asian affiliate network — a different kind of business, connecting publishers to platform programs rather than running streams.
A note on scale claims: agencies advertise impressive numbers — thousands of managed creators, top rankings, hundreds of millions of aggregate followers — but these are self-reported, so they’re worth treating as the companies’ own claims rather than audited facts.
How affiliate networks fit in
Running parallel to the MCNs is the affiliate layer, and it works on two levels. First, the platform-native programs: TikTok Shop’s affiliate scheme lets creators earn seller-set commissions, with category benchmarks running roughly 2% to 20%, built directly into video, live and product showcases. Shopee’s affiliate program works similarly across its Social Media, Video and Live formats — Shopee affiliates generated over 100 million pieces of Shopee Live and Video content in 2024, roughly triple the year before.
Second, the third-party networks like Involve Asia, which run Lazada’s affiliate program and aggregate publishers across platforms, with creator tiers that unlock higher rates above certain follower thresholds. The distinction matters: an MCN runs the selling operation and takes a cut of GMV; an affiliate network connects independent creators to commission programs and takes a slice of attributed sales. Many creators sit in both systems at once.
The creator-support layer: TikTok Shop Partners
The formal backbone of all this is TikTok’s TikTok Shop Partner (TSP) program, which certifies agencies to run shops for brands at an elevated access tier — direct platform contact, priority compliance, early features. A TSP provides the full stack: strategy, live hosts, studio setup, content production, weekly data analysis, training and certification, and fulfilment support. This is the operational core of the Southeast Asian model. The brand supplies the products; the TSP runs the shop, the streams and the numbers.
It’s the clearest answer to the “creator support” question: the support layer is a certified agency ecosystem, with the platform setting the standards and the agencies doing the work. For how the platforms monetise creators more broadly, see our analysis of how creator economies monetise in Asia.
How the money flows
Follow a dollar of live-commerce GMV and the chain looks like this: a brand pays the MCN or TSP — a retainer, a share of GMV, or both. The agency supplies the hosts, studio, content and shop operations, running the livestreams. Creators and affiliates earn commission on the sales attributed to them. And the platform takes its cut of every transaction.
The hard take-rate data exists for China, not Southeast Asia. In China’s model — the template the region copied — roughly 20% or more of GMV typically flows to the platform and streamer or MCN combined, top anchors command 40 to 50%, and brands often pay upfront “pit fees” just for a slot in a major livestream room. Southeast Asian take-rates broadly track that structure, with TikTok’s 2-to-20% affiliate band the visible creator-commission layer, but there is no audited region-specific figure — so the honest framing is “structured like China’s model” rather than a precise number.
How big is the MCN and affiliate market?
This is the genuine data gap, and it’s worth being straight about. The live-commerce market the MCNs sit inside is large and measurable — TikTok Shop’s $45.6 billion in Southeast Asian GMV in 2025, with nine of the top ten regional influencers by GMV relying primarily on live commerce (Momentum Works). But the MCN and affiliate slice of that has no published market size. No analyst house breaks it out.
So the right way to read it is through its denominator: a creator-support industry sitting underneath a video-commerce layer that already accounts for a fifth of Southeast Asian e-commerce and is growing fast. The agencies are real, the GMV they move is real, and the model is proven in China. What’s missing is a clean number for the layer itself — an absence worth naming rather than papering over. For the platform-level GMV picture this all rests on, see our TikTok Shop vs Shopee tracker and the system mechanics in our live commerce explainer.
Frequently asked questions
What is an MCN in e-commerce?
A multi-channel network is an agency that sits between platforms and creators — recruiting and training creators, running live-commerce operations for brands, and taking a cut of the resulting sales. In Southeast Asia, MCNs run much of the TikTok Shop and Shopee Live selling on behalf of brands.
Who are the main MCN agencies in Southeast Asia?
Verifiable players include AnyMind Group (a TikTok Shop Partner across several markets and “Prime Partner” in Thailand), Thailand’s Mago, Indonesia’s FEB Digital, and others such as MCN Asia and YESCOM. Involve Asia is the leading affiliate network, a distinct type of business.
How do TikTok Shop affiliates get paid?
Through seller-set commissions on attributed sales, with TikTok’s category benchmarks running roughly 2% to 20%, built into videos, livestreams and product showcases.
What is a TikTok Shop Partner (TSP)?
A TikTok-certified agency authorised to run shops for brands at an elevated access tier, providing live hosts, studio setup, content, data analysis, training and fulfilment support — the operational core of Southeast Asia’s live-commerce model.
How big is the MCN market in Southeast Asia?
There’s no published market-size figure for the MCN and affiliate layer specifically. It sits inside a video-commerce market that drives around 20% of Southeast Asian e-commerce GMV, with TikTok Shop alone at $45.6 billion in 2025.
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