Tik Tok is one of the most popular apps in the world right now. Millions of users have downloaded the app and use it on a daily basis. TikTok content creators are gaining a lot of attention and popularity. Many people have become popular and famous by creating content via the Tik Tok platform. The business-savvy entertainers are making a living by creating entertaining and fun content on the app. Many content creators have earned big bucks by creating engaging content on Tik Tok.
TikTok has experienced explosive growth and it doesn’t surprise us at all because the app is definitely one of the most innovative and unique platforms. It offers the users to create fun content and entertain the other users. Tik Tok has become one of the most popular apps in the past few years. Tik Tok launched in 2017 and has over 2 billion global downloads. The app is going strong on both Apple and Google Play Store. The average daily users of the app have reached around 700 million.
Many investors are interested to know more about the Tik Tok stocks. The platform is gaining so much popularity and has grown over the past years. Many investors want to know how to invest in Tiktok stock. This comprehensive article on TikTok stock will allow you to find out more about the procedure of buying the Tik Tok stock. This post will guide you on how much TikTok is worth and how can you buy Tik Tok stocks.
Can You Buy TikTok Stock?
Unfortunately, there is no way to buy Tik Tok stocks directly. It is not possible to buy TikTok stock as it is owned by a private firm. TikTok is owned privately by ByteDance Limited, which is a Chinese startup firm. The firm is owned by Sequoia Capital China.
However, with the success of Tik Tok, many companies around the world are showing interest in Tik Tok. The movements have resulted in the American companies Wallmart and Oracle partnering up with Tik Tok. These companies own a minority stake in U.S. TikTok operations. There is a lot of hope that the TikTok investors will eventually see the light and the Tik Tok stocks will be traded on the stock market.
If this does happen in the future, you would be able to indirectly invest in TikTok by buying shares in Walmart or Oracle. The deal will not be bad for the investors as, Walmart will be the owner of 7.5% of TikTok, and Oracle will be the owner of 12.5%, stocks.
This is one way to “purchase TikTok stock”.
However, the sale and acquisition of the Tik Tok stocks have not been hammered out yet. It is not confirmed whether the stocks will be out in the market or not. It is not clear when ownership will change hands.
So for now, the investors will have to invest to buy Tik Tok stocks. You cannot buy TikTok’s stock either directly or indirectly. You will have to play the long game and wait for TikTok to become traded on the stock market.
Who is the owner of TikTok?
TikTok has an interesting origin story. It was known as TikTok, and it was called Douyin. Douyin was founded by ByteDance which is a private company. Tik Tok was first launched in 2017. It later switched its name to Tik Tok. Douyin was developed in 200 days and was launched in China. The app has seen a lot of seismic growth in popularity and became very popular among the Chinese population. After its success in China, the company prepared for an international release.
An international version of Douyin was launched and it was called TikTok. It was released in global markets and was launched in September 2017. Tik Tok became one of the most downloaded apps and got instant popularity on Apple and Google Playstore. In 2020, it became the 1st most downloaded app.
It is the 7th most downloaded app and has achieved a lot of success. TikTok’s incredible success has got the attention of the world but it is also surrounded by a lot of controversies. TikTok has been banned in numerous countries because the platform was accused of spreading “immoral” content.
TikTok has been banned several times in India as the Indian government was against the immoral content it was spreading. In 2020, then-U.S. President Donald Trump signed an order to ban TikTok in the U.S.
According to President Trump, it was proved that TikTok was a national security threat and expressed his concerns that ByteDance “might take action that threatens to impair the national security of the U.S.
The Walmart and Oracle deal is indefinitely delayed, and there might be changes in the future. If the deal does go through, then the stock owned by American corporations will be held under the name TikTok Global.
As of now, ownership of TikTok is in the hands of ByteDance, and shares are not available for the common public to buy. If the company sells shares in the future, then you might get the chance to indirectly invest in TikTok. You can buy shares with Walmart or Oracle. There might be a day when the investors will be able to buy the Tik Tok stocks.
Can You Buy TikTok Stock: TikTok Stock Symbol
TikTok is not a publicly traded company and it doesn’t have any ticker symbol. It is also not revealed what the TikTok stock ticker will be like if an IPO for the company ever comes into existence. Many Chinese companies are trading on American stock exchanges and there are high chances that Tik Tok shares might also come into the market someday.
There is the realm of possibility that we might get the chance to get the TikTok shares on the market. The current predicament is frustrating to investors who want in on the ground floor. TikTok is a massively successful company, and it is highly likely that it will do incredibly well on the stock market.