TikTok stock: how can you invest and is it worth it? IG International

what is tiktok stock symbol

With no clear buyer of ByteDance’s US TikTok operations and with the potential need for the Chinese government to approve any sale, one is left wondering how feasible Trump’s 12 November deadline is. Impressively, across 9 funding rounds ByteDance has raised a total of US$7.4 billion, according to CrunchBase. At ByteDance’s latest funding round – led by Tiger Global Management – the company boasted an implied valuation of between US$ billion – according to the Wall Street Journal.

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The social media giant has a lot to prove to investors, especially after its first-quarter earnings led to a one-day decline of 11% in April. However, these big numbers come with their own set of complexities. ByteDance faces ongoing challenges, such as regulatory scrutiny and the imperative to innovate, which could influence TikTok’s future valuation. The company needs to successfully address these issues to maintain or further elevate its financial standing. However, the road to an IPO for TikTok isn’t devoid of obstacles. Regulatory challenges and concerns over user privacy could pose significant hurdles.

Is TikTok going to have an IPO?

Given the mass appeal of TikTok, you might wonder whether it’s possible to invest in the app. With its short-form videos, content creators use the platform to post anything from viral dance videos to personal finance tips. Each day we have several live streamers showing you the ropes, and talking the community though the action.

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That said, there’s a way to invest in TikTok on the stock market. We’ll give the complete breakdown of TikTok, how to invest in it, and some competitor stocks that could be a solid alternative. TikTok stock could be a great option for investors looking to cash in on the social media craze. But can you actually buy shares of TikTok on the stock market?

what is tiktok stock symbol

TikTok has not yet announced plans for an IPO, though many people expect it to go public in the next few years. You may also be interested in learning how to buy SpaceX stock and/or how to buy pre IPO stock. Some have no minimum requirement, while others may ask for a specific initial deposit.

If you are going to buy any stock, you’ll need to have a brokerage account first. We update our data regularly, but information can change between updates. Confirm details with the provider you’re interested in before making a decision. Here’s what you should know about the 15/3 credit card payment hack, including how it works and whether you should use … Vertigo Studio SA is not responsible and cannot be held liable for any investment decision made by you. Before using any article’s information to make an investment decision, you should seek the advice of a qualified and registered securities professional and undertake your own due diligence.

  1. We did not receive compensation from any companies whose stock is mentioned in this report.
  2. The Senate believes TikTok poses a national security threat to anyone downloading the app.
  3. With gross margins above 80%, Facebook operates at a 40%-plus margin.
  4. The U.S. Court of Appeals for the District of Columbia will hear oral arguments for the case in September 2024.
  5. Please don’t interpret the order in which products appear on our Site as any endorsement or recommendation from us.

Its most notable holdings include Alibaba (BABA -0.79%), T-Mobile (TMUS -0.85%), and chip-designer ARM (ARM -6.0%). The holdings are heavily concentrated in early-stage internet and e-commerce investments, so investors aren’t https://www.1investing.in/ getting a tremendously diversified portfolio. As the tech start-up industry goes, so does SoftBank’s portfolio. Any forward-looking statement contained in this press release speaks as of the date of this press release.

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. Also, we provide you with free options courses that teach you how to implement our trades as well. TikTok is owned privately by ByteDance, so it would be up to them if they would consider doing what are the industrial products n Initial Public Offering (IPO). Since it’s unlikely that there will be another funding round to raise capital, waiting for ByteDance to become public is the simplest route to invest in TikTok Stock. ByteDance may become the first Chinese company to use AI to profit from social media use in the Western part of the world.

what is tiktok stock symbol

In addition to its one billion active monthly users, it was the most-downloaded app in 2021, with 656 million downloads. Eight new users join TikTok every second, HootSuite reported in 2022. In addition to TikTok, ByteDance has other products, such as Lark, a communication and collaboration platform. It also owns Xigua Video, a Chinese video-sharing platform comparable to YouTube.

But there’s a bit of a catch when it comes to buying TikTok stock — it’s not a public company. IG International Limited is licensed to conduct investment business and digital asset business by the Bermuda Monetary Authority. Of course, while those financial firms evidently believe that ByteDance was a good investment at the time, the company has come under increasing scrutiny from a number of governments in 2020. When TikTok goes public, you should be able to buy its stock directly through a brokerage platform.

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