Triller Group Completes Strategic Review and Enters Into an Accelerated Development Phase Focusing on Social Media, Fintech, and Combat Sports

LOS ANGELES, June 2, 2025 /PRNewswire/ — The Board of Triller Group Inc (Nasdaq: ILLR) (“Triller Group”, “the Group” or “the Company”) is pleased to announce the completion of its strategic review, resulting in the reorganization of the Group into three interconnected core business units: 

• Social Media (Triller App)
• Fintech/Financial Service (AGBA Group)
• Combat Sports (BKFC)

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 (Triller App)

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 (a) delivering marketing-led growth of Triller’s premier suite of product and services, (b) pursuing strategic acquisitions and partnerships to amplify the Group’s core offerings, (c) fostering synergies among the Group’s core business units, (d) strengthening the Group’s financial position and capital efficiency, and (e) minimizing and eliminating any legacy liabilities.

“Our new strategic roadmap centers on three key objectives: growth, product expansion and financial strength.” stated Wing-Fai Ng, CEO of Triller Group.  “Sean and his team are at the forefront of making our Triller app the most compelling alternative to TikTok. Integrating cryptocurrency into our Triller community will be one of our top priorities in 2025, creating revenue streams for creators and strengthening user engagement. We are also actively pursuing multiple acquisitions and partnerships to accelerate our technological and market leadership, while Sean and I are actively recruiting top talent and reevaluating all aspects of our brand”.

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.

While current and future shareholders should anticipate a period of unprecedented rapid development, the Company’s exciting strategic blueprint marks not the beginning, but an acceleration of the vision outlined since the merger in October 2024.

Triller Group is committed to its core principles of collaboration, innovation, and transparency, with further updates to be shared in the coming months.