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How to Invest in ByteDance TikTok Stock in 2024

what is tiktok stock symbol

But China and America monitor and regulate companies in very different ways. In its current format, TikTok allows users to create, watch and share videos. The app uses an algorithm to provide a feed of content specific to the user’s interests, which has helped drive high engagement. In a digital age with apps-galore, one company in particular has burst onto the scene in the last few years – TikTok.

Who Owns TikTok?

However, this trend is starting to change as more social media companies branch out to offer other kinds of paid services. TikTok does not have a stock price and will not until the company goes public. Based on the share price of its competitors, TikTok stock price could be about $100 per share. We don’t care what your motivation is to get training in the stock market. If it’s money and wealth for material things, money to travel and build memories, or paying for your child’s education, it’s all good.

TikTok Background & Company Information

Also, China’s recent crackdown on tech companies could mean further problems or obstacles. However, it seems the majority of requirements have now been met for TikTok to be listed on a US stock exchange, and the IPO is eagerly awaited. However, tensions between the US and China have meant that the IPO of TikTok (and ByteDance, TikTok’s parent company) has been put on hold. how to become a web development consultant FinanceBuzz has partnered with CardRatings for our coverage of credit card products.

TikTok is owned privately by ByteDance, so it would be up to them if they would consider doing n Initial Public Offering (IPO). Since it’s unlikely that there will be another funding round to raise capital, waiting for ByteDance to become public is the simplest route to invest in TikTok Stock. If you’re curious to know where to find these funds, both EquityZen and AngelList will tell you. ByteDance may become the first Chinese company to use AI to profit from social media use in the Western part of the world.

ByteDance has a firm valuation

  1. Based on the share price of its competitors, TikTok stock price could be about $100 per share.
  2. It is possible to privately invest in ByteDance (the company that owns TikTok), but this isn’t available to most retail investors unless you have a significant amount of money to invest.
  3. TikTok is owned 100% by ByteDance, a privately held Chinese technology company.
  4. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients.

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. If/when ByteDance goes public, you’ll be able to look up its stock symbol and buy it in your brokerage account. These fears have led the U.S. to prohibit the TikTok app from being on any federal government devices. Additionally, at the state level, 34 out of 50 states have banned their employees from using the app on government-issued cell phones.

However, this opportunity might become accessible in the future if ByteDance manages to push through with its IPO plans. Some publicly traded companies have invested in ByteDance, so an indirect investment is software outsourcing company with expertise in various industries possible. However, the report notes that this would value the company at under $200 billion — far less than recent estimates of the company’s value.

TikTok is one of the world’s most successful and popular apps, even though it is just five years terafx forex broker terafx review 2020 terafx information old. In contrast, ByteDance released the app in 2016, and Mark Zuckerberg began Facebook in 2004. Meta’s third-quarter revenue jumped 23% to $34.15 billion, indicating a rebound in digital advertising.

Each day our team does live streaming where we focus on real-time group mentoring, coaching, and stock training. We teach day trading stocks, options or futures, as well as swing trading. Our live streams are a great way to learn in a real-world environment, without the pressure and noise of trying to do it all yourself or listening to “Talking Heads” on social media or tv. TikTok is owned by parent company ByteDance (which is privately owned). But after the TikTok IPO, it will be publicly traded on a stock exchange. The acronym stands for ‘Initial Public Offering’, it’s a process used by large private companies to raise additional capital.

As a private company, TikTok does not have a share price, so its worth is unknown. Based on similar companies, TikTok could trade somewhere around $100 to $200. KKR & Co, the company that owns a partial stake in TikTok, is trading for about ~$56. While you cannot own a share of TikTok at the moment, many social media platforms can be traded on the stock market. As mentioned, TikTok is a private company, so its shares do not trade on the stock market. That said, there is a way you can invest in the company (without being a creator).

Why do people want to invest in TikTok?

what is tiktok stock symbol

But it’s also a high-risk investment because it faces potential challenges from regulators and deep-pocketed competitors. Don’t despair if you can’t invest in some of your favorite apps. Every day, hundreds of stocks are ripe for trading, that is, if you know how to find them. Besides FB and TWTR, PINS and SNAP are two more social media apps you can trade today on the US stock market.

Traders worldwide will hope to buy shares in TikTok when they become available. The company was looking to take advantage of its fast-growing popularity as one of the most downloaded apps in the world. Again, this makes it more likely that the advertising campaigns will succeed and increase sales figures, ensuring companies keep spending money to advertise through TikTok. TikTok tends to appeal to younger users, which bodes well for the future. Nearly one-third of TikTok’s users are estimated to be under the age of 20, and more than 60% are under 30.

Just choose the course level that you’re most interested in and get started on the right path now. When you’re ready you can join our chat rooms and access our Next Level training library. The Bullish Bears team focuses on keeping things as simple as possible in our online trading courses and chat rooms. We provide our members with courses of all different trading levels and topics. Our content is packed with the essential knowledge that’s needed to help you to become a successful trader.

WeChat has over one billion worldwide users and is ranked the fifth-largest social media platform by user volume. There are also two other ways you could invest in TikTok down the road. These include waiting for the initial public offering (IPO), or purchasing shares if its stock is listed on a pre-IPO marketplace like EquityZen or Linqto. These algorithms could be used for all kinds of applications, such as marketing and sales. Some people speculate that the tech is so valuable that the Chinese government would stop the company from selling it. We have a basic stock trading course, swing trading course, 2 day trading courses, 2 options courses, 2 candlesticks courses, and broker courses to help you get started.

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