TikTok Stock: Who Owns TikTok & How to Buy TikTok Shares

what is tiktok stock symbol

TikTok did not respond to Fortune’s multiple requests for comment about its non-disparagement clause or whether it has ever seized stock from any shareholders. “We see non-disparagement clauses in a variety of different contracts. Yes, you can invest indirectly in TikTok by purchasing KKR or SoftBank Group stocks, as these two companies own TikTok’s parent company, ByteDance. TikTok Global could make money by selling its algorithms to other companies. Some analysts think advertisers could use TikTok’s algorithm to market products to young people who tune out all other advertising.

what is tiktok stock symbol

TikTok Global is a proposed U.S. company that will own TikTok’s North American operations. The average user spends 52 minutes on TikTok daily, and Android users spend 68 billion on TikTok annually. You want to be a successful stock investor but don’t know where to start. Meta’s third-quarter revenue jumped 23% to $34.15 billion, indicating a rebound in digital advertising. This increase is significant as it suggests a recovery from the digital advertising industry’s challenges, such as privacy changes and economic headwinds (Search Engine Land).

How to invest in ByteDance as a retail investor

Many details of the TikTok Global IPO, including the stock exchange and the ticker symbol, are unknown. However, some Chinese companies, including Alibaba (BABA), trade on the New York Stock Exchange. However, it does offer some employees restricted stock units, which vest over time as long as they remain employed. Many Chinese tech companies face similar challenges regarding regulation, and any small start-up must overcome deep-pocketed competitors. As long as you understand those risks, investing in TikTok through a private equity asset management firm may be suitable for your portfolio. Softbank bought its stake in ByteDance in 2018 in the same funding round as KKR’s initial investment.

The answer is TikTok’s combination of user features and sophisticated algorithms for generating and finding relevant content. TikTok generates revenue from a combination of in-app purchases and advertising. Since TikTok gets so much attention, its revenue and worth are closely watched by investors. It’s currently estimated that TikTok is worth $50-$75 billion, but the actual dollar figures are closely guarded. Douyin was originally founded by the privately held Chinese company called ByteDance in 2017 after switching the name from A.me. Surprisingly, it was developed in only 200 days and was first released in China.

The final option for acquiring shares in TikTok is to approach the other private equity firms that own a stake in the company. President Donald J. Trump (R-Florida), think TokTok is a security threat because the AI gathers massive amounts of user data. The government of India banned TikTok as a security threat in 2019.

what is tiktok stock symbol

For example, TikTok could show a young person who enjoys watching auto videos and footage of the latest model cars. Analysts believe TikTok’s most valuable asset is a machine-learning platform that uses algorithms to track and identify the videos users want to watch. The algorithm identifies the videos that users are most likely to watch. Snap (SNAP) owns the popular video and photo-sharing app Snapchat, which some observers consider a direct competitor to TikTok. These moves reflect Tencent’s strategic adjustments 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.

All of Snap’s intellectual property is presumably in American hands. TikTok is one of the world’s most successful and popular apps, even though it is just five years old. In contrast, ByteDance released the app in 2016, and Mark Zuckerberg began Facebook in 2004. TikTok is owned by ByteDance Limited, a privately-held Chinese Startup part-funded by KKR, SoftBank, Sequoia Capital China, and seven other venture capital companies. It’s already been shut down in India, where it had 200 million users.

It could take months, even years, for California regulators to resolve Ryan’s complaint. But any ruling may have enormous implications for shareholder law. If regulators say TikTok did nothing wrong, other companies could add broad non-disparagement clauses to their employee shareholder agreements.

TikTok Stock FAQ and Recap

However, despite these positive indicators, Meta has cautioned that the advertising rebound may not last, suggesting that the company is preparing for potential volatility in the digital ad market. On the corporate front, Snap Inc. has been focusing on leadership by adding new members to its board. On September 18, 2023, the company announced that Patrick Spence joined the Snap Inc. Board of Directors, bringing in his expertise to help guide the company’s strategy and growth. Snap is an American company, unlike ByteDance, so President Trump may not see Snapchat as a security threat.

  1. Investors should watch for updates from Meta regarding the progress of its various projects that could provide further upside potential to share prices.
  2. TikTok is not a publicly traded company, so it does not have a stock symbol.
  3. The company generated about $10 billion in global ad revenue in 2022.
  4. There are two primary types of orders—market orders and limit orders.

Amid slow progress on the IPO, ByteDance bought back $3 billion in shares at a $300 billion valuation to allow early investors to cash out some of their equity without an IPO. In late 2023, ByteDance offered to buy back stock from shareholders for $160 per share, valuing the company at $223.5 billion. As mentioned, TikTok is a private company, https://www.fx770.net/ so its shares do not trade on the stock market. That said, there is a way you can invest in the company (without being a creator). TikTok stock could be a great option for investors looking to cash in on the social media craze. 2009 is committed to honest, unbiased investing education to help you become an independent investor.

Is Investing in Social Media a Good Idea?

Meta’s strong ad revenue and cost-cutting have driven earnings outperformance, with net income up 164%. The parent company of Facebook and Instagram took in $33.64 billion in ad revenue. This demonstrates the company’s ability to grow its top line and manage expenses effectively to boost profitability. Tencent has seen positive developments in gaming with China’s approval of new games, a key area for the company’s revenue. The Chinese regulators granted publishing licenses to 44 foreign games, including titles from Tencent, signaling an easing of the freeze on game approvals that had impacted the industry.

However, two publicly traded investment companies hold shares of ByteDance, and anyone can buy shares in them. Shares of ByteDance aren’t publicly traded, but accredited investors may be able to buy shares from existing shareholders in a private market exchange. Patrick Spaulding Ryan, TikTok’s former lead technical program manager who owns tens of thousands of company shares, is putting TikTok’s non-disparagement clause to the test. He accused the company, owned by China-based ByteDance, of leaving him out of the offer because he had criticized the disparagement clause in a post on LinkedIn.

Investing in TikTok isn’t as straightforward as investing in other popular social media companies. The popular short-form video app is owned by the Chinese company ByteDance, which doesn’t trade publicly on any stock exchanges. But there’s a way to get a piece of the action in one of the fastest-growing digital media platforms in the world. Here’s what you need to know if you’re interested in investing in TikTok. 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.

Snap Inc. (NYSE: SNAP)

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. Highly respected journalists break stories using Twitter, and many people claim that they get news and discussion from the app. Tencent also owns several smaller holdings in mobile and PC gaming companies. Analysts estimate that WeChat messaging is used by 30% of mobile users in China, and over one billion payments are processed every day using WeChat Pay. After a series of lawsuits, injunctions, and administrative orders, TikTok agreed to a deal in which US companies Walmart and Oracle would take a minority stake in the company.

Instead of marketing products, Walmart could offer customers a subscription to a service. The algorithm-operated service will ship customers the products they regularly buy and eliminate the need for shopping. Eliminating shopping could help Walmart make more money by reducing its expenses. Chinese officials think TikTok’s AI and Algorithms are so valuable that they could block ByteDance from selling the technology to an American company. That indicates ByteDance could have the Chinese government’s permission to export its technology.

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. Several experts have attributed TikTok’s massive success to its impressive AI algorithms. Artificial intelligence algorithms help organize TikTok’s content and are responsible for what people see when they open their profile page and check their feeds. 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.

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