TikTok rival Triller reported $0 in media revenue in 2025 while its app won’t load videos and auditors question its survival

Triller, which raised over $420M going public in 2024 and positioned itself as a TikTok competitor with a short-form video app and combat sports streaming platform, reported zero revenue from its social media and streaming businesses in 2025, with all of its roughly $22M in revenue coming from a financial services business tied to the Hong Kong firm it merged with. The company's app was reportedly unable to load videos as of December, its auditor cited “substantial doubt about the Company's ability to continue as a going concern,” and Nasdaq delisted the stock in December for failing to file its quarterly and annual reports on time. Triller did not respond to requests for comment and provided no explanation in its filing for why its media businesses generated no revenue last year.