Can I buy stock in TikTok?
ByteDance, the company that owns TikTok, is privately owned. That means its shares are not currently available on the stock market for purchase. There are rumors, however, that the company has plans to debut an IPO, or Initial Public Offering, which would make some of its shares available to the public.
Is ByteDance a public company?
ByteDance is not publicly listed, and there has been a boom in the US IPO market, led mainly by tech companies.
What is the stock code for ByteDance?
ByteDance (BDNCE) Stock Price Today, Quote & News.
Is ByteDance public or private?
ByteDance
| AVIC Plaza is one of the office buildings of ByteDance in Beijing | |
|---|---|
| Native name | 字节跳动有限公司 |
| Type | Private |
| Industry | Internet |
| Founded | 13 March 2012 |
The answer is $0 – at least for the general public at this time. You cannot invest in TikTok stock as it hasn’t gone public yet. But is there a way to invest in something similar?
Which company owns TikTok stock?
TikTok is a well-known video-sharing social networking service owned by ByteDance. ByteDance is a privately-held company whose shares are not publicly available. That’s why an official TikTok stock price does not exist before its IPO. TikTok is an international version of an app called Douyin from 2016.
Who has invested in ByteDance?
ByteDance investors
| Date | Investors | Amount |
|---|---|---|
| Oct 2018 | General Atlantic KKR Technology Crossover Ventures SoftBank Primavera Capital Group | $3.0b Valuation: $75.0b |
| Apr 2019 | Morgan Stanley Goldman Sachs | $1.3b |
| Aug 2019 | GGV Capital | N/A |
| Mar 2020 * | Tiger Global Management | N/A |
Is ByteDance a Chinese company?
TikTok’s representative maintained that TikTok has “no affiliation” with Beijing ByteDance Technology, ByteDance’s Chinese entity in which the government took a stake and board seat this year.
Will ByteDance go public 2021?
In response to a request for comment by the Post, a ByteDance representative reiterated its previous statement in April that the company has no IPO plans. It also denied a Financial Times report in August that it would seek to list in Hong Kong in either the fourth quarter of 2021 or early next year.
What is TikTok stock name?
ByteDance (TikTok) IPO: What to Know on ByteDance Shares.
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How is ByteDance worth so much?
New estimates of ByteDance’s valuation come from Chinese tech media platform 36Kr, which publishes buy and sell requests from anonymous investors and facilitates the trades. Equity stakes in ByteDance have been the most active targets on the platform.
Who is the owner of ByteDance?
Zhang Yiming is the founder of ByteDance, one of China’s largest media content platforms; he was formerly the company’s CEO and chairman. The privately held company raised fresh investment funds at a valuation of $180 billion in 2020; Zhang owns an estimated 22% stake of ByteDance.
Is ByteDance listed?
Aug 8 (Reuters) – ByteDance, the Chinese owner of short video platform TikTok, has revived its plan to go public with a listing in Hong Kong by early 2022 after addressing Chinese regulators’ concerns, the Financial Times reported on Sunday.