TrillerNet, the owner of short video app Triller, is in talks to go public through a merger with Seachange International Inc., according to a person familiar with the matter.
The transaction could be announced as soon as this week, said the person, who asked not to be identified because the deliberations are confidential. The source cautioned that talks could fall apart at the last minute. TrillerNet said earlier this year it has more than 300 million users worldwide across its platforms. It has been on an acquisition spree in recent months, snapping up livestreaming music platform Verzuz, combat sports game streaming service Fite TV and marketing platform Amplify.ai.