Triller completes strategic review, reorganizes into three core business units

The Board of Triller (ILLR) Group announced the completion of its strategic review, resulting in the reorganization of the Group into three interconnected core business units: Social Media; Fintech/Financial Service; Combat Sports. The Board of the Company extends its gratitude to Mr. Bobby Sarnevesht for his contributions since the acquisition of the predecessor of the Company, or Triller Inc., from its founders in 2019 and wishes him success in his future endeavors. As the Company enters into an exciting new phase of growth, it is implementing an accelerated 6-month timeline for development, financing, and rapid scaling of the Group’s three core units. Social Media: Under the leadership of Mr.

Sean Kim since December 2024, the Triller app has undergone a significant and rapid transformation. The Triller app now offers one of the best product experience ever compared to its peers. The app is redefining content creation, distribution, and monetization, positioning itself as the premier and distinctive challenger in the U.S.-based social media market. Notably, Triller’s commitment and policy to user data ownership firmly distinguished itself from platforms like TikTok, Instagram, and YouTube. Mr.

Kim and his team are preparing for a comprehensive marketing campaign, building on the success of the January 2025 SaveMySocials.com initiative. Fintech/Financial Services: Triller Group’s seasoned management team brings decades of expertise in integrating cutting edge financial technologies into traditional financial services businesses. The team is in advanced stages to leverage the success of the Triller app and is in the process of developing and launching a cryptocurrency for the Triller community with an industry-leading partner. Combat Sports: BKFC is experiencing another banner year and is rapidly expanding its passionate global audience, spurred on by its visionary leader David Feldman. BKFC has significant synergies with Triller Group’s two other core businesses, and the Company is working to support and explore additional revenue streams for BKFC.

The Company believes 2025 will be another breakthrough year for BKFC, and it is not exploring any scenarios that would affect its majority control over BKFC. For the remainder of 2025, the Triller Group management team will focus on delivering marketing-led growth of Triller’s premier suite of product and services, pursuing strategic acquisitions and partnerships to amplify the Group’s core offerings, fostering synergies among the Group’s core business units, strengthening the Group’s financial position and capital efficiency, and minimizing and eliminating any legacy liabilities. The Board is currently working with leading executive search professionals to identify and appoint additional Board members, who align with the Company’s vision and add significant value to the business Story Continues Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today’s best-performing stocks on TipRanks >> Read More on ILLR: Disclaimer & DisclosureReport an Issue Triller Group Board Member Resigns Amid Disagreements Triller Group Receives Nasdaq Delinquency Notification Triller receives noncompliance notification from Nasdaq Triller engages South Florida investors at Mar-a-Lago event View Comments