On April 23, 2024, the US Senate voted to ban TikTok if ByteDance doesn’t remove itself from ownership. In other words, the US Senate is trying to force the sale of TikTok to a company they approve of. The Senate believes TikTok poses a national security threat to anyone downloading the app. They believe they’re mining personal data from your phones that they can use to spy on and weaponize without your knowledge or consent. It’s unknown whether ByteDance and the Chinese government consider offers from Tinsley and McCourt as palatable paths forward. For now, TikTok remains one of the most valuable social media assets in the world.
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- Sequoia Capital, General Atlantic, and Hillhouse Capital Group are all privately held companies.
- There is also no official stock price or stock symbol for it.
- Fractional shares will be sold when a transfer or closure request is initiated.
- The introduction of alternate revenue-generating streams could be a good sign for investors in the future.
- So by buying shares in KKR, you’re getting a piece of the TikTok pie.
One of the biggest criticisms of TikTok has been how https://www.forex-world.net/ it handles user data. For instance, it has been accused of harvesting user data and storing it in China without user consent. In April 2022, TikTok announced a strategy to locally store its European users’ data. TikTok plans to begin implementing the strategy in early 2023. This algorithm has helped TikTok grow at an eye-popping rate. In addition to its one billion active monthly users, it was the most-downloaded app in 2021, with 656 million downloads.
Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success. TikTok doesn’t offer a stock symbol to trade because they are a privately owned company. 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. Facebook is one of the largest and most popular social media apps you can invest in now. It’s only common sense that if TikTok is doing well, Facebook would be doing well, too.
What Makes ByteDance Special?
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. 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.
TikTok Stock Symbol & Price How You Can Invest in TikTok
One of the main social media platform sites you can buy stock in is Meta (which owns Facebook, Instagram and WhatsApp). TikTok employees, of which there are about 7,000 in the U.S., may be granted company stock, and they may also have an opportunity to sell their investments. We believe everyone should be able to make financial decisions with confidence. There is no official announcement or timeline for when TikTok or ByteDance will go public. However, some analysts and investors believe that ByteDance will eventually go public, as it could unlock more value for its shareholders and employees. Meanwhile, though, you will have to make do by investing in other social media companies or KKR & Co Inc.
STOCK TRAINING DOESN’T NEED TO BE HARD
- Not only has TikTok grown swiftly, but it has also expanded to over 150 markets around the world.
- This comes in the wake of the tragic deaths of some of its younger users while attempting TikTok challenges.
- Interval Funds are illiquid instruments, the ability to trade on your timeline may be restricted.
- Buyers can accept the asking prices as listed or place bids and negotiate directly with sellers.
- Getting access to a private market with someone offering to sell ByteDance shares at a price you’re willing to pay isn’t easy — or even possible — for most investors.
- ByteDance has had 12 rounds of funding, totaling $9.4 billion.
Trump want a TikTok deal, his TikTok-for-tariffs deal ultimately hinges on a cease-fire in the U.S.-China AI chip war. This situation raises questions for investors interested in gaining exposure to TikTok’s growth and potential profitability. Below, we will explore the current status of TikTok in the stock market, potential investment avenues, and the future outlook for the company. Accredited investors can buy pre-IPO stock in companies like TikTok through EquityZen funds. These investments are made available by existing TikTok shareholders who sell their shares on our platform. Typically, these are early employees who need to fund a life event – house, education, etc.
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As long as you understand those risks, investing in TikTok through a private equity asset management firm may be suitable for your portfolio. In April 2024, Congress passed a law banning TikTok’s operations in the United States, effective January 2025. The government says Chinese ownership of the popular app poses a national security concern.
Our partners cannot pay us to guarantee favorable reviews of their products or services. TikTok makes money from various sources such as advertising, in-app purchases, branded content, live streaming, e-commerce, and more. By joining HaiKhuu Trading, you will be able to learn from the best, network with like-minded people, and improve your skills and confidence as an investor. Whether you are a beginner or an expert, HaiKhuu Trading has something for everyone. Some of ByteDance’s notable investors include Softbank and KKR. Twitter has nearly 400 million users, and over 500 million tweets are made every day (6,000 per second).
SoftBank (SFTB.Y -1.26%) is a Japanese telecom and e-commerce company that also operates a holding company and its well-known $100 billion Vision Funds. Vision Funds invest primarily in private equity companies with valuations topping $1 billion, also known as unicorns. But ByteDance is just a small portion of the firm’s trade99 review overall portfolio. It has more than $575 billion in assets under management, including $182 billion in private equity investments.