TikTok rival Triller explores deal to go public -sources | Malay Mail

China and US flags are seen near a TikTok logo in this illustration picture taken July 16, 2020. — Reuters pic

Triller, which was launched in 2015 and only has a fraction of the 100 million users that TikTok boasts in the United States, has said it hopes that the uncertainty over its rival’s future will drive more influencers and users to its platform. Triller has so far secured around US$100 million in that round at a US$1.25 billion valuation, according to the sources. It is deliberating whether to proceed with the private fundraising or opt for the deal with a SPAC, one of the sources added.

Triller’s celebrity users include musicians Alicia Keys, Cardi B and Eminem, and its financial backers include Kendrick Lamar and The Weeknd.

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