Sources: TikTok rival Triller is raising ~$250M, having secured ~$100M so far at a $1.25B valuation

Oct 13, 2020 ยท 1 min read
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A rival to TikTok, Triller, is skyrocketing in venture capital, proving that the platform is not unbeatable.

According to Tech in Asia:

TikTok rival mulls going public
American video-sharing social network and entertainment platform Triller, which is a direct rival of TikTok, is reportedly in discussions with blank-check acquisition companies about a merger that would take the company public, says people familiar with the matter. This comes at a time when TikTok and its parent company ByteDance are facing challenges both in the US and elsewhere in the world.