Triller is a social video platform that allows users to create and share short-form videos with music, filters and effects. Triller competes with platforms like TikTok, Instagram Reels and YouTube Shorts, and claims to have over 300 million monthly active users.
Triller’s platform features exclusive content from celebrities, artists and influencers, as well as partnerships with major music labels and streaming services. The company also hosts live events, such as boxing matches, concerts and festivals, that generate revenue from pay-per-view and sponsorship deals.
The company announced its plans to go public via a merger with a special purpose acquisition company (SPAC) called Farvahar Partners. The deal values Triller at $5 billion and will provide the company with $500 million in cash to fund its growth and acquisitions. The merger is expected to close in the first quarter of 2024.
2023 • SPAC
Triller is a social media platform that allows users to create and share short-form videos.
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