How to Invest in TikTok Stock in 2024

The positive stock movement reflects the market’s response to the company’s strategies and performance. TikTok is 100% owned and controlled by ByteDance, a private Chinese technology company. ByteDance, however, has a number of outside investors, two of which are public companies. ByteDance is the Chinese company that owns TikTok, a social media platform that has become incredibly popular all over the world. Regulatory risks and established competition aren’t unique to TikTok. Many Chinese tech companies face similar challenges regarding regulation, and any small startup must overcome deep-pocketed competitors.

Bottom line on investing in the TikTok IPO

TikTok is a popular video-sharing app where users create and share videos up to 10 minutes long. While many users engage with the platform via its smartphone apps on iOS and Android, it is also possible to access TikTok via a web browser. This is undoubtedly one of the world’s most popular social media apps. Even more impressive is that it’s available in over 150 different markets and 75 languages. TikTok is the number one growing social media company, beating out Facebook and Snapchat.

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The TikTok IPO date is still unknown, but investors worldwide are sure to be waiting on the edge of their seats for its announcement. If you’d like to learn more about the IBKR platform, check out our full-length Interactive Brokers review. The TikTok app has also been the starting point for many of the most recent viral crazes and influencer-driven content.

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Analysts estimate TikTok Global’s valuation to be $60 billion. TikTok Global is a proposed U.S. company that will own TikTok’s North American operations. Galloway thinks Walmart plans to buy 7.5% of ByteDance’s American subsidiary, TikTok Global, to gain access to TikTok’s algorithms. Galloway believes Walmart management plans to add TikTok algorithms to its Walmart.com eCommerce platform. The average user spends 52 minutes on TikTok daily, and Android users spend 68 billion on TikTok annually. You want to be a successful stock investor but don’t know where to start.

It’s these potential barriers that make the outcome of TikTok’s IPO endeavor a subject of keen interest to investors. Meanwhile, though, you will have to make do by investing in other social media companies or KKR & Co Inc. The introduction of alternate revenue-generating streams could be a good sign for investors in the future. Most social media companies operate at a net loss, though there are some exceptions — notably Facebook and Tencent.

This increase is significant as it suggests a recovery from the digital advertising industry’s challenges, such as privacy changes and economic headwinds (Search Engine Land). On the corporate front, Snap Inc. has been focusing on fte full form in company leadership by adding new members to its board. 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.

1. We’ll update this page with more information as it becomes available.
2. TikTok, a video-sharing app, is one of Earth’s most popular media products.
3. You can, however, invest in KKR & Co Inc, which owns a stake in ByteDance.
4. If you are going to buy any stock, you’ll need to have a brokerage account first.
5. We provide our members with courses of all different trading levels and topics.

In fact, Twitter has turned into somewhat of a breaking news website. Twitter is another major social media player and is one of the most used apps in the world by celebrities, journalists, and more. It trades on the New York Stock Exchange but is expected to be taken private once Elon Musk finishes acquiring the company.

Most of that estimated value is attributed to TikTok’s algorithm and popularity. Douyin was originally founded by the privately held Chinese company called ByteDance in 2017 after switching https://www.1investing.in/ the name from A.me. Surprisingly, it was developed in only 200 days and was first released in China. But just because you can gain some slight exposure to TikTok doesn’t mean you should.

TikTok’s engaging and user-friendly interface has captivated users of all ages, making it a cultural phenomenon and an attractive investment opportunity. In fact, it generated $5.5 million from in-app purchases daily in the first quarter of 2023. The TikTok IPO is one that’s going to attract both casual and experienced investors. 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.

On Public, you can Invest in stocks, ETFs, Treasuries, and cryptocurrencies, all on one of the most well-designed investing platforms. TikTok’s parent company, ByteDance, Ltd., most recently offered to repurchase shares from employees in early 2024 for $170.81 per share, valuing the company at about $238.5 billion. In April 2024, Congress passed a law banning TikTok’s operations in the United States, effective January 2025.

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