Billboard has cited a source who has come forward to claim that the LA-based video sharing app has been reporting higher numbers of users to the public that it reports to rights holders.Triller previously claimed in a press release that it had over 26.5 million active monthly users in December 2019, but Billboard‘s source claims that it was actually around half of that figure in January 2020.A subsequent press release issued in July claimed that Triller’s user base had grown to a total of 50 million monthly users.
Billboard reports that it has learned from “a source with direct knowledge of the situation” that Triller’s user base was actually closer to 25 million.The company is hoping to go public this year and will likely be required to.
Read more on nme.com