TikTok is one of the most popular apps in the world, and it’s growing even faster than other social media platforms. It’s become a household name, launched new celebrities, and helped some businesses create viral moments. Many traders want to know if they can buy shares in TikTok, but it’s not quite that simple. TikTok isn’t a publicly traded company, but you can invest in its parent company, ByteDance. The easiest way to do this is through a regulated online broker, such as eToro.
The company hasn’t announced plans to go public, but rumors have been circulating for some time now. It would make a lot of sense for the company to do so eventually, as it has already grown into a massive global brand. The app generates revenue from ad placements and other in-app purchases. It is also exploring e-commerce and live streaming as additional revenue streams.
Currently, TikTok is privately owned by ByteDance, which is based in China. This has raised concerns that the Chinese government could have access to the company’s data. This has led to TikTok being banned on US government devices, as well as in some European countries.
Despite this, the company has received investment from the global investment firm KKR and the tech giant SoftBank Group. This means that it’s possible that the company will become public in the future, and that investors will be able to buy shares of the app. The best thing to do now is simply wait for the company to go public, as this will be the most cost-effective way to gain exposure to the app. can i buy shares in tiktok