Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 427

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 427
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NOTE 23 — RISK AND UNCERTAINTIES

The Company is exposed to the following risk and
uncertainties:

| (a) | Concentration 
 risk          |

|            |     |          | For the year ended 
       December 31, 
               2023 |     |             |    |   |     |            | As of December 31, 
               2023 |
|:-----------|:----|:---------|-------------------:|:----|:------------|---:|:--|:----|:-----------|-------------------:|
| Customer   |     | Revenues |                    |     | Percentage  
 of revenues |    |   |     | Accounts   
 receivable |                    |
| Customer A |     | $        |         14,451,772 |     |             | 27 | % |     | $          |          1,092,414 |
| Customer B |     | $        |          5,960,681 |     |             | 11 | % |     | $          |             61,455 |
| Customer C |     | $        |          5,923,008 |     |             | 11 | % |     | $          |              1,634 |

|            |     |          | For the year ended 
       December 31, 
               2022 |     |             |    |   |     |            | As of December 31, 
               2022 |
|:-----------|:----|:---------|-------------------:|:----|:------------|---:|:--|:----|:-----------|-------------------:|
| Customer   |     | Revenues |                    |     | Percentage  
 of revenues |    |   |     | Accounts   
 receivable |                    |
| Customer D |     | $        |          6,816,652 |     |             | 22 | % |     | $          |            305,841 |
| Customer A |     | $        |          5,823,065 |     |             | 19 | % |     | $          |            432,858 |

All of the Company’s major customers are
located in Hong Kong.

| (b) | Credit 
 risk   |

Financial instruments that potentially subject
the Company to credit risk consist of cash and cash equivalents, restricted cash, accounts receivable, loans receivable, and notes receivable