News Formal

L.A.-based social video platform Triller acquired by Hong Kong company

  • 📰 latimes
  • ⏱ Reading Time:
  • 3 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 82%

Business News News

Business Business Latest News,Business Business Headlines

Would-be TikTok rival Triller will be acquired by Hong Kong financial services company AGBA in a deal that's expected to value the combined company at $4 billion.

Social video platform Triller will be acquired by a Hong Kong financial services company as the Los Angeles-based firm looks to bulk itself up to counter TikTok's dominance. The agreement has already been approved by the boards of Triller and

, which is publicly traded. Shares of

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

TikTok Rival Triller Merging With Hong Kong Fintech Company AGBATriller is being sold to Hong Kong financial services company AGBA in an all-stock deal valuing the merged companies at $4 billion.
Source: billboard - 🏆 112. / 63 Read more »