Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 87

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 87
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and technology offerings. This is particularly true as Triller further expands and diversifies its capabilities to address additional
markets. Maintaining adequate research and development resources, such as the appropriate personnel and development technology, to meet
the demands of the market is essential. The development of new features, services, or products for Triller’s Technology Platform
depends on a number of factors, including Triller’s ability to:

| ● | spend its development budget efficiently                               
 or effectively on commercially successful and innovative technologies; |

| ● | realize the expected benefits 
 of its strategy;              |

| ● | develop products that are competitive 
 in relation to its competitors;       |

| ● | develop technology in a timely 
 and cost-effective manner;     |

| ● | anticipate user, Creator and                            
 Brand demand for an offering Triller is developing; and |

| ● | fund and recoup costs incurred. |

If Triller is unable
to develop features and capabilities internally due to certain constraints, such as employee turnover, lack of management ability or a
lack of other research and development resources, which may be exacerbated by Triller’s current negative working capital and low
cash balance, Triller’s business will be harmed. Moreover, research and development projects can be technically challenging and
expensive. The nature of these research and development cycles may cause Triller to experience delays between the time Triller incurs
expenses associated with research and development and the time it is able to offer compelling features, capabilities, and enhancements
and generate revenue, if any, from such investment. Additionally, anticipated demand for a feature, integration, capability or enhancement
Triller is developing could decrease after the development cycle has commenced, and Triller would nonetheless be unable to avoid substantial
costs associated with the development of any such feature, integration, capability or enhancement. If Triller expends a significant amount
of resources on research and development and its efforts do not lead to the successful introduction or improvement of features, integrations
and capabilities that are competitive, it would harm its business, results of operations, and financial condition.

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Further, many of Triller’s
competitors expend a considerably greater amount of funds on their respective research and development programs, and those that do not
may be acquired by larger companies that would allocate greater resources to Triller’s competitors’ research and development
programs. Triller’s failure to maintain adequate research and development resources or to compete effectively with the research
and development programs of Triller