You might think TikTok is a silly app that’s capturing the attention of the 18-29 crowd, but it’s an immensely popular social media platform with more than 1.5 billion monthly active users. It also claims to be the most used video app in the world in terms of total hours logged, surpassing Facebook by a wide margin. So, can you buy shares in TikTok? If so, how?
TikTok is an app owned by ByteDance, which was founded in China in 2017. It made its debut outside of China in 2017 and became a global hit. It’s a video platform that allows people to create, edit and share short videos with an international audience. It also offers a variety of features, including filtering, music and stickers. Its popularity has led some people to ask if you can buy shares in TikTok, especially since it’s attracting investors who want to tap into the lucrative 18-29 demographic.
However, it’s important to note that ByteDance is not publicly traded, so you can’t purchase shares in the company directly. It is privately held by the founder Yiming Zhang, ByteDance Limited, and seven private equity companies (Coatue, General Atlantic, Hillhouse, KKR, Sequoia Capital China, Softbank, and Source Code Capital).
If you’re interested in investing in TikTok, then your best bet is to look for stocks that invest in the company or have a partnership with it. For example, you can buy shares in KKR or SoftBank, which both own stock in ByteDance, TikTok’s parent company.
But even if you’re an accredited investor, it might be difficult to buy shares in TikTok before its IPO, which isn’t expected until sometime in 2022 or later. This is because the company has not filed a viewable registration document with the SEC.
It’s also worth noting that TikTok has faced a lot of criticism due to its data privacy practices. The app is criticized for collecting an immense amount of user information, including location data and device details, without explicit consent. This can be seen as a threat to privacy and has impacted some users’ decision to use the platform.
In addition, some users have complained about challenges that promote negative body image and cyberbullying. Others have questioned its use of copyrighted music, which can lead to disputes over intellectual property rights. TikTok has responded by working to improve its content moderation policies and creating a community guidelines that emphasize positive, respectful behavior.
While many investors are excited about the prospect of a TikTok IPO, it’s important to remember that the company has yet to file a viewable registration document with the SEC. And, because IPOs are often volatile, it’s impossible to predict whether or when the company will go public. For these reasons, we recommend that you wait until the IPO is over before buying TikTok stock. Until then, it’s best to focus your investment efforts on other high-growth tech companies.can i buy shares in tiktok