TikTok is a popular app that allows users to create and share short videos set to music. Its popularity has made it a cultural phenomenon and has become the go-to platform for favorite celebrities and brands to promote themselves. Its engaging format has also captivated younger audiences, making it a valuable marketing tool for businesses looking to reach this demographic.
But can you buy shares in tiktok? The company is privately owned by parent company ByteDance, which has yet to file an IPO (Initial Public Offering). However, it’s expected that the app will eventually go public. If that happens, you will be able to purchase shares of the company through a brokerage firm like eToro. Alternatively, you can invest indirectly in the company by investing in KKR or Softbank Group, two global investment firms that own ByteDance.
Some investors may be interested in investing in TikTok because of its massive user base and growing popularity, which could translate into strong revenue growth and profitability in the future. Its success has also piqued the interest of some large corporations, which have begun to use the app as a way to promote themselves and their products.
Other investors, however, may be concerned about the app’s connection to China and its potential for censorship or data privacy issues. In fact, the app has been banned from government devices in some countries due to national security concerns. It also faces criticism for challenging content that promotes negative body image, cyberbullying, or inappropriate behavior among younger users. can i buy shares in tiktok