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Can You Buy Tiktok Stocks? What Is Its Price? All You Need To Know

tiktok stock price

TikTok has managed to stay in the limelight for the better part of the last 2 years due to many factors. It has more often than not stayed in the headlines due to its hilarious content or due to the controversial videos compiled by its users.

Chinese firm ByteDance owns the TikTok app and is the brains of this lucrative app behind the scenes. Basically people love to invest money in successful or trending ventures. TikTok has been a huge success in many parts of the world and because of this obvious reason it is in the wishlist of many investors for some time now. People have been looking to invest money and buy some stocks in this enterprise as TikTok has been immensely popular in recent times. So now let us see if it is possible to buy stocks of TikTok or not.

TikTok was founded in 2012 by the ByteDance company and was supposed to be a video-sharing social networking service provider. But after it merged with Musical.ly in 2018 it grew even more in terms of popularity and became the 7th most downloaded app of the last decade (2010 – 2019). Also, it was the most downloaded app on the app stores in both 2018 and 2019 which illustrates its ascent to the top of the ladder quite clearly.

Till today the app has entered over 150 countries and has been used by people in more than 75 languages. It also comfortably finished 1 billion downloads in the app stores across the globe, making it one of the most popular apps. TikTok is currently the third most downloaded app just behind WhatsApp and Messenger. It has overtaken cult favorite apps like Facebook and Instagram which proves its dominance in the social media network in recent times. All these factors have led to people gaining interest in buying stocks of TikTok in hopes of cashing in on this craze and making some handsome profits. Some private transactions have helped ByteDance to raise its valuation to more than 100 billion.

But a piece of disappointing news is waiting on the cards for all the people looking to buy stocks of TikTok. ByteDance, the parent company which is in charge of TikTok has not made the shares available in the market yet. There have been speculations that the shares might be made available for investors in the near future as the company is leaning towards trying IPO in the abroad. Do follow this space to be updated about any latest developments related to this topic.

Here Are Some Quick Notes:

Who Owns Tiktok?

Chinese company ByteDance owns Tiktok.

Can We Buy Tiktok Stock?

As of now, we can not purchase Tiktok stocks as the ByteDane have not made their stocks public.

What’s The Price Of Tiktok Stocks?

As the stock itself is not available, we can’t comment anything about its price but once we get an official update, we will share it here.

Written by Supervix

Hey! I'm Supervix and I just love to share 'how to' tutorials and celebrity news with like minded people out there. Here on TheTiktokGuide, my role is to write and edit the articles.

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