TikTok stock: how can you invest and is it worth it? IG International
Several social media companies offer similar products to TikTok Global. KKR & Co Inc is a public company that currently owns stock in ByteDance through a private funding round. So by buying shares in KKR, you’re getting a piece of the TikTok pie. It’s not a one-to-one investment in TikTok, but it is as close as you can get for now. You cannot currently buy or sell TikTok stock, as it’s a private company.
Since TikTok gets so much attention, its revenue and worth are closely watched by investors. It’s currently estimated that TikTok is worth $50-$75 billion, but the actual dollar figures are closely guarded. For example, TikTok has been banned several times in India https://www.currency-trading.org/ due to criticism of the Indian government on the platform. TikTok merged with Musical.ly to take advantage of the latter app’s young user base in the US and other countries. By the end of 2018, the company had a presence in 150 markets in over 75 languages.
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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).
TikTok’s U.S. operations would be severed from its Chinese owner, ByteDance, and incorporated as a U.S. company. The name TikTok is meant to suggest the short format of the videos. Launched in September 2016 by the Chinese startup company ByteDance, it’s known there as Douyin. Its stratospheric growth in usage really https://www.forexbox.info/ began in late 2017, when it acquired a rival app, Musical.ly, and ported over its 200-million-account list to TikTok. EToro is one of the world’s most popular investing platforms with over 28.5 million users. Although Tiktok is owned privately by ByteDance, that doesn’t mean you can’t get exposure to it.
- Vision Funds invest primarily in private equity companies with valuations topping $1 billion, also known as unicorns.
- In one TikTok, she stands up and mimics the movement of a charging bull to explain the origins of the term “bull market”.
- Regulators in the West have expressed concern that ByteDance may put sensitive user information into the hands of the Chinese government.
- Here are five “StockTok” creators producing stock market and trading content on TikTok.
- One of her most liked TikToks is a video where she explains options trading.
- He holds a Juris Doctor (JD) degree from UAlberta Law – but don’t hold that against him.
Start investing in ByteDance and hundreds of other private companies on Equitybee. ByteDance is not publicly traded, but you can invest in it on Equitybee. IG International Limited is part of the IG Group and its ultimate parent company is IG Group Holdings Plc. IG International Limited receives services from other members of the IG Group including IG Markets Limited.
How To Invest In TikTok
The company’s cloud services division slashed prices by up to 40% in an intense price war, aiming to capture a larger market share in China’s competitive cloud computing industry. You can buy shares in ByteDance by purchasing funds from private equity firms that own Bytedance stock, Coatue, General Atlantic, Hillhouse, KKR, Sequoia Capital, Softbank, and Source Code Capital. President Donald J. Trump (R-Florida), think TokTok is a security threat because the AI gathers massive amounts of user data.
Founded in 2012, ByteDance is an internet technology company that owns a series of content platforms. These platforms enable people to connect by consuming and creating content through machine learning technology. TikTok is the number one growing social media company, beating out Facebook and Snapchat. Also, word on the street is that big tech companies are chomping for a stake in the company’s success. Errol Coleman joined TikTok in February, seeing an opportunity to reach an audience of people who wanted to learn about the stock market online. Coleman explains technical analysis patterns, trading psychology, and individual stock picks to his 224,000 followers, with a healthy dose of memes about the life of a trader.
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. 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.
Many people consider TikTok addictive because 90% of users claim to use the app daily. TikTok retains users at a rate of 26%; one out of four people who use TikTok become regular users. Despite a ban in India, ByteDance, TikTok’s owner, claims to have exceeded 1bn monthly users. According to The Economist, on January 12, 2022, App Annie, a data gatherer, said TikTok caught up with Facebook in 2021 and overtook WhatsApp and Instagram in users’ time. 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. Twitter has nearly 400 million users, and over 500 million tweets are made every day (6,000 per second).
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It added to its position in another funding round at the end of 2020, valuing the company at $180 billion. KKR is one of the world’s oldest alternative asset investment management firms. Its investments range from private equity, like ByteDance, to energy, infrastructure, real estate, credit, and hedge funds. The U.S. and the EU are both cracking down on TikTok over privacy and ownership concerns, potentially resulting in a ban on the app in those jurisdictions. The majority owner of TikTok is ByteDance, a Chinese technology company. In late 2020, following pressure from the then-Trump administration, ByteDance agreed to create a new company, TikTok Global.
How to trade and invest in ByteDance (TikTok) shares?
They also worry that the algorithms in the app may be tweaked to influence public opinion in a way that is favorable to adversarial nations. As of November 2021, ByteDance was partially owned by global investors (60%), employees (20%), and co-founders Zhang Yiming and Liang Rubo (20%). KKR participated in ByteDance’s Series E funding round in October 2018. In total, 12 investors invested $3 billion at a valuation of $72 billion. Then, in December 2020, KKR participated in another round that raised $2 billion at a $178 billion valuation.
TikTok’s Business
The Chinese regulators granted publishing licenses to 44 foreign games, including titles from Tencent, signaling an easing of the freeze on game approvals that had impacted the industry. Some of those social media companies are proven money makers, unlike TikTok Global. TikTok is owned by ByteDance Limited, a privately-held Chinese Startup part-funded by KKR, SoftBank, Sequoia Capital China, and seven other venture capital companies. Jessica is a published author and copywriter specializing in personal and investment finance. Her expertise is in financial product reviews and stock market education.
This growth in users and ad impressions is a positive sign for Meta’s core business model, which relies heavily on advertising revenue. TikTok is a widely known social media app used for sharing videos. It allows TikTok https://www.forex-world.net/ users to create short videos and share them with friends, family, and fans. Both of these private equity firms have an entire portfolio of investments, of which TikTok’s parent company, ByteDance, is just one.