TikTok is one of the biggest worldwide sensations to explode onto the social media scene in the last 18 months. In this short guide we will go over a background of TikTok as well as easy steps guiding you how to buy TikTok shares online as soon as DanceByte goes public.
In This Article:
So, what exactly is TikTok?
TikTok is a form of social media and an app where videos are shared to other users across the platform. Videos can be up to 15 seconds long and can be made in a variety of unique formats and ways that encourage user interaction. The Chinese company ByteDance owning the rights to the app. This interactive app has attracted a lot of big representatives recently, most notably, Kevin Mayer, who was once the head of streaming services for Disney, to become the CEO of the TikTok.
TikTok also has a Chinese version of their app called Douyin, however they keep the two separate in order to ensure that they are keeping within the regulations of the Chinese government due to the high levels of censoring on the internet across the nation.
How has TikTok gotten so big?
TikTok hit another level of success when they launched outside of China. It managed to become the highest and most popular app on the appstore in the United States in 2018, which is a first for a Chinese based company. TikTok has since gone on to spread across the globe, with there being an estimated total of 1.5billion downloads across the planet for the app at this current moment in time. Other social media apps such as Facebook are aware of TikTok’s approaching popularity on their space and have made desperate attempts to try and copy TikTok within their own apps, such as Facebook creating trials of ‘Reels’ which is at its core a copy of what TikTok’s main function is.
In comparison to other social media platforms however, TikTok does fall short in one area with the struggle to monetize the use of the app. However, this has not hidden the huge profits, with the company earning an unbelievable amount of profits in 2019 coming in at just over 3billion in total.
Unfortunately, with ByteDance, who own TikTok still not being a public business, this means that for the moment you are still unable to purchase shares within TikTok. However, there have been rumours of a potential opportunity for ByteDance to become a public company not too far into the near future, this will then allow people to purchase shares within TikTok as a result.
How To Buy ByteDance TikTok IPO Online In 3 Easy Steps
Chinese start-up ByteDance became a household name after launching its famous TikTok app in 2017. The public is eagerly awaiting a 2020 IPO, which is said to be valued at around $75 billion. Learn more about when ByteDance might list.
3. Buy TikTok Shares Online
Search for ByteDance (TikTok) stocks, specify the number of shares you want to purchase, and click ‘buy’.
Where to Buy TikTok Shares Online
Here are our top recommended regulated brokers that will allow you to buy ByteDance (TikTok) Shares once the company goes public.
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How do I go about investing into TikTok Now?
As previously said, at the moment ByteDance is a private company, thus making it impossible to purchase TikTok shares. However, there have been discussions of ByteDance considering to go public in the near future, so here is a few ways that being prepped to invest may go.
This is when someone can invest into a business that is private in venture capital rounds. However, with this route it may not be accessible to the general public. Usually private equity funds require that the person investing is someone with an obscene amount of net worth. So, this option is essentially closed off to the 1% of society. So, for the general public it seems the only true option is to wait it out and hope that ByteDance become a public business sooner rather than later.
What is TikTok?
As mentioned, TikTok is a form of social media or a video spreading platform that allows their users to create unique videos that can be up to 15 seconds long. TikTok encourages their user base to interact and encourages creativity amongst the community.
How has TikTok’s trajectory gone?
TikTok was originally launched exclusively in China under the name Douyin, however after witnessing the incredible initial success it had domestically, ByteDance made a global version of the app under the name TikTok, to which it blew up in the United States and then worldwide, breaking all kinds of records and stil continuing to grow today amidst the global pandemic.
Can I purchase TikTok shares?
Unfortunately, ByteDance are a private company at the moment, so no, you cannot purchase TikTok shares at the moment. However, if rumours are to be believed then it is said that ByteDance plan on going public in the not so distant future.
Who made TikTok?
ByteDance are the owners and creators of the social media platform TikTok and still run the app to this day.
Who is TikTok’s CEO?
At the moment, there is plans put in place for TikTok to make way for Kevin Mayer, who was once the chairman of Disney’s streaming department, to come in and become the CEO of the social media platform TikTok.
What is TikTok estimated to be worth in total?
ByteDance, the company who owns TikTok has had a major income growth spurt in 2020, with them being now estimated to be worth in excess of 100billion dollars.
Is ByteDance a private company?
Yes, ByteDance are a private company as of writing this. However there have been rumours of this position changing soon. Although at the moment their private nature means that shares cannot be purchased in relation to TikTok.