TikTok IPO: Revenue, Users, Valuation & How to Invest

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what is tiktok stock symbol

It paid $170.81 per share in another buyback offer in early 2024. IPOs – short for ‘initial public offerings’ – happen when a company decides to list its shares on an exchange. IPOs can create a lot of public interest, especially if the company is doing well. To learn more about IPOs and how they work, watch this short video. Owned by the Chinese tech giant ByteDance, TikTok is a social media platform that allows users to create, share, and discover short videos set to music.

TikTok creators are unhappy because they say it could severely hurt their livelihoods. That remains to be seen, as they’ve threatened this for some time. On Public, you can Invest in stocks, ETFs, Treasuries, and cryptocurrencies, all on one of the most well-designed investing platforms. TikTok is owned 100% by ByteDance, a privately held Chinese technology company.

  1. After your order is executed, you will officially own one of the two mentioned stocks.
  2. There have been several challenges to the law — including lawsuits from TikTok content creators and one from TikTok itself.
  3. That leverage significantly increases its return on equity, which is currently in the mid to high teens.
  4. Some pre-IPO trading platforms may let you trade the equities of ByteDance ahead of its IPO.
  5. The public is eagerly awaiting a 2020 IPO, which is said to be valued at around $75 billion.

In fact, the tech giant disbanded its investment arm in early 2022. Everyone was home, so social media became a bigger part of our lives. Everywhere you turn, you see TikTok videos, even on other platforms. You cannot invest in TikTok stock as it has yet to go public. Owning TikTok stock has become a very exciting idea for investors. This popular app has become the number-one social media platform in the world in a very short time.

what is tiktok stock symbol

As advertisers cut back on spending on ads seen on Mark Zuckerberg’s platform, so they will cast around for other destinations for their funds. And as TikTok explodes in popularity, reaching more people, so the attraction of ads on that platform increases, driving up revenue. The popularity of ByteDance among IG clients trading the grey market continues, with the firm’s expected market capitalisation topping $200 billion. 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.

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Its articles, interactive tools and other content are provided to you for free, as self-help tools and for informational purposes only. NerdWallet does not and cannot guarantee the accuracy or applicability of any information in regard to your individual circumstances. Examples are hypothetical, and we encourage you to seek personalized advice from qualified professionals regarding specific investment issues. Our estimates are based on past market performance, and past performance is not a guarantee of future performance. He has worked for financial advisors, institutional investors, and a publicly-traded fintech company. We’ve reviewed over 22 online stock brokerages and eToro came out on top.

How to buy the ByteDance IPO

As ridiculous as this sounds, the app is extremely addictive and shows with its high levels of engagement. Also, unlike many apps, TikTok feels more like YouTube in the early 2000s. There is a lot of freedom, experimentation, and the ability to use content from the public domain without the fear of copyright infringement.

These moves reflect Tencent’s strategic adjustments Stock market correction coming to navigate regulatory pressures, focus on profitability, and leverage growth opportunities in its diverse portfolio of businesses. Investors and industry analysts closely watch the company’s actions as indicators of broader trends in the Chinese tech sector. Tencent has seen positive developments in gaming with China’s approval of new games, a key area for the company’s revenue.

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 front-end web developer job description template editing tools. TikTok quickly became one of the most popular video streaming apps in the world. In fact, it was the first Chinese app to become the most downloaded app in the US.

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Nate is a serial entrepreneur, part-time investor, and founder of WallStreetZen. He holds a Juris Doctor (JD) degree from UAlberta Law – but don’t how to use candle volume on stock charts hold that against him. He’s passionate about building great software that delights users. With a newly-made account, you’ll next need to transfer funds into it. This is the money that you’ll use to purchase either KKR or SoftBank Group stock or both. Luckily, most brokers offer various funding options, including bank transfers and credit/debit card payments.

Full Time Employees

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. 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.

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