We believe everyone should be able to make financial decisions with confidence. So, once the company’s shares are finally listed and can be traded by anyone, you’ll find them on a stock exchange such as the New York Stock Exchange (NYSE). Instead, it’s a select group of individuals or even private equity firms that hold all of TikTok’s shares — not the public. TikTok’s revenue primarily comes from advertising and in-app purchases. The platform’s massive user base has led to a significant jump in revenue. ByteDance is the parent company of several other apps and platforms, such as Douyin (the Chinese version of TikTok), Toutiao (a news aggregator), Helo (a social network for India), and Lark (a productivity suite).
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- These controversies can create uncertainty about TikTok’s future and, by extension, the investment potential of ByteDance.
- They have over $42 billion in cash and other short-term, liquid assets, making them a highly successful company.
- Consequently any person acting on it does so entirely at their own risk.
- Its ability to keep users engaged through personalized content and its viral nature make it a dominant force in social media.
- He’s passionate about building great software that delights users.
- TikTok is not publicly traded because it is owned by Bytedance, a privately-held Chinese company, and eight other venture capital companies.
EquityZen’s network includes over 350K accredited investors interested in buying private company stock. TikTok is a short-video sharing app and social network platform. Their mission is to capture and present the world’s creativity, knowledge, and precious life moments, directly from the mobile phone.
- TikTok’s finance and news landscape is a complex one, with the platform navigating regulatory challenges while expanding its election resources and engaging younger voters.
- Shareholders can sell their TikTok stock through EquityZen’s private company marketplace.
- The potential IPO is complicated by regulatory scrutiny in the US, where concerns over national security have led to discussions about banning TikTok unless it separates from ByteDance.
- Investors should watch for updates from Meta regarding the progress of its various projects that could provide further upside potential to share prices.
What is TikTok stock price?
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Some publicly traded companies have invested in ByteDance, so an indirect investment is possible. Instagram, for example, said it would “double down” on its competition with TikTok by promoting video content in its reel format. Snapchat, another competitor, continues to improve its video format known as snaps to appeal to some of TikTok’s user base. In March 2020, TikTok’s market share by the number of downloads reached 88%. While some of that drop might be attributed to bans, competitors are likely to continue working on attracting the TikTok global user base. Although TikTok’s growth is reminiscent of Facebook in its early days, it hasn’t been all smooth sailing for the platform and its parent company, ByteDance.
TikTok Stock: IPOs, Prices & Valuations
On September 18, 2023, the company announced that Patrick Spence joined the Snap Inc. Board of Directors, bringing in his expertise to help guide the company’s strategy and growth. While there have been ongoing rumors and discussions about the possibility of TikTok or its parent company, ByteDance, going public, no definitive plans have been announced. IG International Limited is licensed to conduct investment business and digital asset business by the Bermuda Monetary Authority. The situation currently facing ByteDance and by extension TikTok remains highly fluid.
One of the main social media platform sites you can buy stock in is Meta (which owns Facebook, Instagram and WhatsApp). As we move into 2024, you can’t think of the term ‘social media’ and not also think of TikTok, as it’s a platform that’s firmly cemented itself in the public (and most people’s phones, too). A growth stock mutual fund has stocks that are poised for long-term growth, offering potential for high returns and investment success. Walmart is set to acquire 7.5% of ByteDance, the parent company of TikTok.
This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). However, the report notes that this would value the company at under $200 billion — far less than recent estimates of the company’s value. That’s why it’s essential to take these evaluations with a grain of salt since they often come with disclaimers of not knowing the real value of a privately held company.
TikTok Management
One of the more prominent investors is SoftBank, but ByteDance also secured financing from a syndicate of 12 other banks. This syndicate includes major banks such as Morgan Stanley and Goldman Sachs. TikTok users rapidly increased in number, reaching more than 3.5 billion downloads by early 2021. In late 2021, Yiming stepped down as the chairman of ByteDance, passing his role to Liang Rubo, who now serves as both the chairman and CEO. Let’s cover what we know about TikTok and ByteDance and whether investing in TikTok could be possible now or in invest in amazon the future. The average user spends 52 minutes on TikTok daily, and Android users spend 68 billion on TikTok annually.
It serves as a video sharing channel where individuals can showcase their talents, participate in trends, and explore a diverse array of content. TikTok emphasizes user interaction and community building within the realm of entertainment and social networking. TikTok’s parent company, ByteDance, is an exciting business for investors.
In April 2022, TikTok announced a strategy to locally store its European users’ data. The way the app is designed could keep users scrolling for extended periods. The BBC reported in 2020 that TikTok has an “extraordinarily powerful algorithm, which learns what content users like to see far faster than many other apps.” TikTok’s parent company, ByteDance Ltd., is a Chinese company founded in 2012 by Zhang Yiming. ByteDance is based in Beijing, China, though the company has offices in major cities worldwide, including New York, Los Angeles, Sydney, Mumbai, Paris, and Berlin.
In the dynamic world of investing, technology stocks have always been a focal point due to their potential for high growth. Social media platforms, in particular, have been at activ trades review the forefront of this tech revolution. One such platform that has been making waves globally is TikTok. This article aims to provide a comprehensive understanding of TikTok stock and how to invest in it. We will also explore some alternatives for investors interested in the broader field of AI-related stocks.
Meta Platforms Inc. (Facebook) operates the largest social media ecosystem in the world. Meta owns four of the top social media platforms, including Facebook, Instagram, WhatsApp, and Messenger. These business developments are important for Snap Inc. as they indicate its ongoing efforts to stabilize its financial position, innovate its product offerings, and strengthen its corporate governance. The positive stock movement reflects the market’s response to the company’s strategies and performance. It is not 100% confirmed that TikTok will float on the stock market. Many details of the TikTok Global IPO, including the stock exchange and the ticker symbol, are unknown.
TikTok has a strong financial performance, generating substantial revenue through advertising and creator partnerships. To buy TikTok stock after the IPO, you can open a trading account with Interactive Brokers or eToro. In 2020, TikTok was threatened with a ban in the US by the Trump administration, which accused it of posing a national security risk due to its Chinese ownership.
Our partners cannot pay us to guarantee favorable reviews of their products or services. As the company kept growing in valuation, plenty of discussions online about taking ByteDance public began to surface, but crucially, this has yet to happen. Still, as far as relatively seasoned and even novice investors are concerned, the main point of interest here is whether TikTok has had any kind of foray into the stock market.
This ultimately means there is no easy way for investors and traders to speculate on the company as well as no clear or transparent valuation for the general doji candle public. For those unfamiliar, ByteDance Limited is a Chinese multinational internet technology company which develops and owns a number of products and services, including TikTok, which is arguably their most popular application. ByteDance – the owner of TikTok – is not currently a publicly traded company. Moreover, ByteDance has not provided any indication as to when it may list or how the recent issues between the US and China may impact a potential future listing. But ByteDance is just a small portion of the firm’s overall portfolio. The firm has more than $600 billion in assets under management, including $195 billion in private equity investments.