ByteDance BDNCE Stock Price, Quote, News & Analysis

There are publicly traded companies similar to TikTok Global and ByteDance you can invest in now. Several social media companies offer similar products to TikTok Global. The final option for acquiring shares in TikTok is to approach the other private equity firms that own a stake in the company. You can buy shares in ByteDance by purchasing funds from private equity firms that own Bytedance stock, Coatue, General Atlantic, Hillhouse, KKR, Sequoia Capital, Softbank, and Source Code Capital. It is not confirmed 100% if TikTok will float on the stock market. Many details of the TikTok Global IPO, including the stock exchange and the ticker symbol, are unknown.

  1. Also, it’s worth keeping in mind that choosing stock on your own is not always a great idea, especially pre-IPO.
  2. Instead, brands open user accounts on TikTok and, just like any of its users, create and post mini-videos.
  3. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services.
  4. Likely, it won’t come as a shock to you that fitness and health represent one of the top hashtag categories on the underlying platform.

ByteDance – the owner of TikTok – is not currently a publicly traded company. Moreover, ByteDance has not provided any indication as to when it may list or how the recent issues between the US and China may impact a potential future listing. TikTok is 100% owned and controlled by ByteDance, a private Chinese technology company. ByteDance, however, has a number of outside investors, two of which are public companies. ByteDance is the Chinese company that owns TikTok, a social media platform that has become incredibly popular all over the world. Though on paper WOOF stock should be killing it, right now, it’s getting killed due to the multiple pressure points in the global markets.

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The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. The tentative deal has been stalled by numerous court challenges, and the future of the proposed deal remains uncertain under the Biden administration. During a White House briefing on Feb. 10, 2021, then-Press Secretary Jen Psaki denied that President Biden had set any new policy on the app.

These developments are crucial for Meta as they reflect the company’s performance in key areas that drive its revenue. One significant piece of news is Tencent’s cost-cutting measures and strategic shifts in response to a challenging regulatory environment and a slowdown in the tech sector. The company has been reducing its workforce in some areas and selling off https://forexhero.info/ portions of its investment portfolio, including a stake in Meituan, to raise capital. This move to sell part of its stake in the food delivery giant for about $3.5 billion indicates a focus on core businesses and financial prudence. President Donald J. Trump (R-Florida), think TokTok is a security threat because the AI gathers massive amounts of user data.

The Top 10 TikTok Stocks on the App Right Now

At ByteDance’s latest funding round – led by Tiger Global Management – the company boasted an implied valuation of between US$ billion – according to the Wall Street Journal. This would create more transparency and security, while still allowing the app to function in the U.S. Currently, all TikTok user data is stored in Singapore and Virginia.

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Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. Each week our editorial team keeps you up with the latest financial news, shares reading recommendations, and provides useful tips on how to make, save and grow your money. These marketplaces often impose investor qualifications, and there is no guarantee or assurance that they will have available shares in any given pre-IPO company.

The U.S. and the EU are both cracking down on TikTok over privacy and ownership concerns, potentially resulting in a ban on the app in those jurisdictions. TikTok faces an uncertain future in the U.S. and the European Union (EU). Efforts by U.S. lawmakers to ban the use of TikTok outright have failed on several occasions due to the popularity of the app and aggressive lobbying efforts by the parent, ByteDance.

Start investing in ByteDance and hundreds of other private companies on Equitybee. But there’s a bit of a catch when it comes to buying TikTok stock — it’s not a public company. Members join by downloading and signing up for the app using only their email address, username, and password. ByteDance’s aspirations in the healthcare field are seen as part of the Chinese government’s plan to become a leader in artificial intelligence (AI) and global health by the end of the decade. The Washington Post reported in August 2021 that the Chinese government holds an estimated 1% and has a seat on the board of ByteDance. TikTok Global would be U.S.-based and subject to U.S. laws and regulations.

KKR participated in ByteDance’s Series E funding round in October 2018. In total, 12 investors invested $3 billion at a valuation of $72 billion. Then, in December 2020, KKR participated in another round that raised $2 billion at a $178 billion valuation. Shares of ByteDance are listed on Equitybee at a valuation of $75 billion, about 1/3rd of the valuation the company paid to buy back shares in November 2023. What’s more, an early investment in any of the above platforms would have generated massive returns. In the fiscal year ended March 31, 2021, Electronic Arts generated revenue of over $5.6 billion, an increase of nearly 2% against the prior year’s result.

In the fiscal year ended Sept. 30, 2021, Starbucks generated $29 billion in top-line sales, up more than 23% from the year-ago level. Against pre-pandemic results, the latest annual tally was up 10%, demonstrating a strong recovery from the novel coronavirus impact. Twitter has nearly 400 million users, and over 500 million tweets are made every day (6,000 per second). 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 politicians have advocated breaking up large social media corporations such as Facebook and Twitter, though no serious movement has gained traction yet. 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.

The Indian government cited issues of privacy and national sovereignty. Although KKR has a great track record of producing returns for investors, it’s important to note that investing in KKR differs from investing in its portfolio. KKR is also competing with other asset management firms for investors, putting pressure on its fees. This website is using a security service to protect itself from online attacks.

Top TikTok Stocks: Kroger (KR)

Investors are keen to grab a slice of a company that draws some 1.5 billion monthly active users to a family of apps that includes Douyin, TikTok’s Chinese twin, as well as news service Toutiao. That’s despite American lawmakers raising privacy and censorship concerns about its operation. This week, it poached Walt Disney Co. streaming czar Kevin Mayer to become chief executive officer of TikTok. It goes without saying that video games represent one of the most talked-about subjects on social media. With gaming becoming a serious business, everybody’s looking for an inside edge — and content creators are all too happy to share.

TikTok had 1.6 billion monthly active users in Q and is expected . As of Q1 2022, there were over 100 million monthly active users in the United States alone. Equitybee gives accredited investors access to hundreds of high-growth, VC-backed startups. You can become an investor in private companies like ByteDance, Reddit, and Stripe. After it launched globally in 2018, TikTok came under scrutiny for allegedly harvesting users’ data and profile information.

So many videos either feature the store or have some reference to the company and its products. Invariably, when the top contributors of TikTok make it big, plenty of them love showing folks up with their Lambos. Instead, it’s wholly owned by Volkswagen, whose shares are tradable on the over-the-counter market. Given how popular tech entrepreneur Elon Musk outsourcing de desarrollo de software is on social media, it should come as no surprise that Tesla is one of the most talked about TikTok stocks. Musk has a knack for injecting himself into the conversation — no matter the subject matter — thus, organically keeping Tesla in the news cycle. Facebook also owns encrypted messenger WhatsApp, which also hit the two billion user mark in July 2020.

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