From the Los Angeles Business Journal:
After canceling a multibillion-dollar reverse merger last fall, Triller Corp. is filing for a direct listing on the New York Stock Exchange.
The move has some in the tech world thinking that Triller is poised to become a robust competitor to the troubled TikTok.
The Century City-based company, with its eponymous social marketing app, describes itself as an “artificial intelligence-powered platform” for creators and brands to promote content and engage with fans. Triller said that it expects its direct listing to be “the biggest creator-driven public offering in the history of the stock market.”
A source familiar with Triller said the company previously leaned into public comment that it is a close replacement option for TikTok, which has been linked to the Chinese government. TikTok has been banned in several places including New York City, which last week prohibited use of the app on government-owned devices.
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