Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 248

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 248
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, customers, and personnel directly with other financial advisory firms, securities firms, and other
businesses that offer financial services, such as banks and insurance companies. The financial technology services industry in Hong Kong
is highly competitive and rapidly evolving. New competitors, including affiliates of financial institutions, traditional IT companies,
and internet companies, are entering this market.

Although AGBA Legacy Group’s competitors
may have greater brand recognition, larger customer bases or greater financial, technological, or marketing resources, the management
of AGBA Legacy Group believes that AGBA Legacy Group’s competitive advantages are its full suite of financial products covering
insurance, investments and credit, coupled with a captive customer base and well-established infrastructures, including operational
capabilities and technology. As a result, the management of AGBA Legacy Group believes that it can respond more quickly and effectively
to new or changing opportunities, technologies or customer requirements, and adapt to significant changes in regulatory and industry environments.

Currently, AGBA Legacy Group’s principal methods to maintain
competitive advantage of its B2B business are by (i) relying on its highly knowledgeable and professional personnel and its large
distribution channel of independent financial advisors, (ii) leveraging extensive cross-selling opportunities across its business
units, (iii) investing in its platforms and infrastructure to keep up to date with the latest technology, and (iv) exploring
and implementing solutions on the cutting edge of financial technologies. Despite the high level of market competition and the rapidly
changing industry dynamics, the management of AGBA Legacy Group believes that the significant accumulated experience of its executive
management as well as its understanding of market preferences and conditions will enable AGBA Legacy Group to compete effectively.

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Expanding the B2B Platform Business through Existing Infrastructure

AGBA Legacy Group believes that platform business models facilitate
global reach and economic efficiencies, and that leading global platform players build integrated capabilities outside their core business
activities and across industry borders, to cross-sell their products and services and satisfy customers’ multiple product needs.

The Legacy Group developed infrastructures in
(1) product intelligence; (2) transaction operations; and (3) technology support, which initially supported the Legacy
Group’s independent financial advisors business. Leveraging on the know-how and existing resources of the Legacy Group, OnePlatform
deployed and further developed this infrastructure at a low incremental cost to offer technology infrastructure solutions to a wider array
of corporate customers in Hong Kong, thus aiming to drive revenue, cash