In its two latest latest acquisitions, TrillerNet has bought Fite, a streaming platform best known for boxing and ring-sports events, and customer engagement platform Amplify.ai.The deals, both announced today, are part of an 18-month string of acquisitions in which the parent of social media app Triller has invested $250 million.
Triller, a short-form video rival to TikTok, has more than 300 million global users.Along with the M&A transactions, TrillerNet said Amplify.ai co-founder and CEO Mahi de Silva will be the new CEO of TrillerNet.
De Silva had already been non-executive board chairman of TrillerNet. He replaces Mike Lu, who will become president of TrillerNet and shift his focus to investor relations.Bobby Sarnevesht will remain
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