Our chat rooms will provide you with an opportunity to learn how to trade stocks, options, and futures. You’ll see how other members are doing it, share charts, share ideas and gain knowledge. In its most basic form, TikTok is a video-sharing social media app. Users can watch, create, and share 3 to 15-second videos on cell phones. At this point, you’re probably wondering what makes TikTok so special, especially considering the epic failure of its predecessor, Vine.
TikTok Background & Company Information
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. However, two publicly traded investment companies hold shares of ByteDance, and anyone can buy shares in them. TikTok is owned by a Chinese tech company called ByteDance, Ltd. Investing in a successful app like TikTok might be a simpler way to capitalize on its success than spending many hours creating content. However, TikTok is owned by its parent company, ByteDance, which is not yet publicly traded. In fact, the tech giant disbanded its investment arm in early 2022.
Sign up with your email address to receive news and updates. Similarly, TikTok has faced scrutiny and restrictions in other countries, such as India, Pakistan, Indonesia, and Turkey, over issues such as data privacy, content moderation, and censorship. Several politicians have advocated breaking up large social media corporations such as Facebook and Twitter, though no serious movement has gained traction yet. Allegations of breaking antitrust laws and accusations that the platform contributes to political violence and propaganda have all caused it to come under severe public scrutiny. Despite the outstanding performance of the company, Facebook has been in trouble too many times to count in recent years. Tencent also owns several smaller holdings in mobile and PC gaming companies.
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Highly respected journalists break stories using Twitter, and many people claim that they get news and discussion from https://www.forex-reviews.org/ the app. Tencent created a social media company similar to Instagram and owns a 40% stake in Epic Games (the creator of Fortnite), and a 93% stake in Riot Games (the creators of League of Legends). In 2021, companies Walmart and Oracle were going to own a stake in a US division of TikTok named TikTok Global. Understandably, many investors were excited, but the deal fizzled out and was put on ice indefinitely. TikTok videos are so sharable because they are short five-second to one-minute long clips that can be cut and spliced using the app’s editing tools. TikTok quickly became one of the most popular video streaming apps in the world.
How to Indirectly Invest in TikTok?
Once the company goes public, TikTok stock trading will require a brokerage account. Once a brokerage account is set up, you’ll be ready to buy the shares when they hit the market. This information has been prepared by IG, a trading name of IG Markets Limited.
- However, there’s currently no way to directly buy its stock.
- In summary, TikTok is not currently available for public investment as it is owned by the private company ByteDance.
- Reuters reported that the company’s daily active users (DAUs) grew by 5%, while ad impressions across Meta’s apps grew by 31%.
- Going to such an effort to gain exposure to one stock may not be worth your time.
- According to Reuters, its parent company ByteDance reported a net profit of $25 billion in 2022.
- Tencent Holdings Limited, the Chinese multinational conglomerate, has been active in the news, and several recent developments have affected its business.
But it was reportedly worth $400 billion as of October 2021, according to anonymous private equity trades that were shared online. 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. Meta is focused on improving user engagement and driving advertising revenue through its platforms.
reasons to avoid investing in TikTok
TikTok also faces concerns related to the privacy and safety of its users. Backlashes against potential misuse of its user data and dangerous challenges that may go viral on the platform could negatively impact its future. Addressing these concerns could be key to the company’s long-term success. The best way to own a piece of TikTok is by buying KKR or Softbank Stock – two global investing firms that own stock in Bytedance, TikTok’s parent company.
Step 5: Search for KKR or SoftBank Group
Even though there’s no TikTok stock, there are several social media companies that traders can invest in. Don’t despair if you can’t invest in some of your favorite apps. Every tickmill review day, hundreds of stocks are ripe for trading, that is, if you know how to find them.
- Several countries have banned or attempted to ban TikTok, including China, which doesn’t let people download the app.
- Softbank is a Japanese conglomerate that owns stakes in various technology companies, such as Alibaba, Uber, DoorDash, WeWork, and more.
- We realize that everyone was once a new trader and needs help along the way on their trading journey and that’s what we’re here for.
- Lincoln holds degrees in Finance, Economics, and Accounting.
- One of the more prominent investors is SoftBank, but ByteDance also secured financing from a syndicate of 12 other banks.
- It’s unknown whether ByteDance and the Chinese government consider offers from Tinsley and McCourt as palatable paths forward.
Step 3: Open an account
We love the diversity of people, just like we like diversity in Best oil etf trading styles. It creates an environment much like a university or college. Also, we provide you with free options courses that teach you how to implement our trades as well.
Discover the range of markets you can trade on – and learn how they work – with IG Academy’s online course. The situation currently facing ByteDance and by extension TikTok remains highly fluid. If you are going to buy any stock, you’ll need to have a brokerage account first. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their website. Here is a list of our partners and here’s how we make money.
