Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Anusuya Lahiri

TikTok's Smaller US Rival Files For IPO

TikTok Nasdaq Triller (Organization) IPO AAPL Federal Communications Commission Meta Needham National Security Social Networking
  • Short video app Triller Inc has confidentially filed for an initial public offering with the U.S. SEC.
  • Recently, Triller terminated its merger with video advertising software provider SeaChange International, Inc (NASDAQ:SEAC) when it shared plans to pursue an IPO with a potential listing under the ticker symbol "ILLR" by September. 
  • Also Read: Triller Merging With SeaChange International: What Investors Should Know
  • Triller, launched in 2015, has looked to take on larger rival TikTok. 
  • Triller offers similar video sharing, editing, and social networking features to users on its platform.
  • Needham analyst and TikTok President recently shared how they felt that Meta Platforms Inc's (NASDAQ:META) attempts to emulate TikTok would be futile as it continued to lose subscribers to the Chinese counterpart.
  • The filing comes amid a largely volatile market due to the tech selloff over macro uncertainties.
  • Recently, the Federal Communications Commission's Brendan Carr urged Apple, Inc (NASDAQ:AAPL) and Alphabet, Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) to take down the TikTok app from their respective app stores over national security issues.
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Nicole Scherzinger accused of Trumpism
Fans are calling Scherzinger out after she commented on Russell Brand's Instagram photo of a certain red hat
Salon
Salon
Elwood Edwards, the man behind the voice of AOL's 'You've got mail' greeting, dies at 74
The man who voiced America Online’s famous “You’ve got mail” greeting has died at age 74
The Independent UK
The Independent UK
Jennifer Lopez Doubles Down on the Leopard Print Trend in a Coat Dress and Slouchy Boots
This outfit is dangerously good.
Marie Claire
Marie Claire
The germiest places in your home aren’t where you’d think — here’s how to keep them clean
Blitz winter germs from your house and keep your home bug free.with these cleaning tips.
Tom’s Guide
Tom’s Guide
Point Break review – Keanu and Swayze ride the waves with freaky, genre-hopping style
Kathryn Bigelow’s action-bromance about bank-robbing surfer dudes is an enduring cult gem, thanks to its joining of tropes and tones
The Guardian - UK
The Guardian - UK
Plants and animals with bigger genomes grow less efficiently – new research helps explain why they never died out
All living things have a blueprint provided by the DNA that is stored in every one of their cells. Yet the amount of DNA in each cell – what we refer to as genome size – spans an incredible range across the tree of life.
The Conversation
The Conversation
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play