The Stock Dork - Is It True That TikTok Stock Is Now Publicly Traded? Find Out More Here!

ORLANDO, Fla. - May 26, 2021 - PRLog -- Is TikTok Stock now publicly traded? Did you know that TikTok has experienced explosive growth in the past few years since its launch in 2017? TikTok has surpassed over 2 billion global downloads on the Apple and Google Play Store and there are over 700 million average daily users.

TikTok is privately owned by ByteDane Ltd., a Chinese startup firm owned by Sequoia Capital China. However, recent movements may result in American companies Wal-Mart and Oracle owning a minority stake in US TikTok operations. If this does occur, then you could indirectly invest in TikTok by buying shares in Wal-Mart or Oracle. According to this deal, Wal-Mart will own 7.5% of TikTok, and Oracle will own 12.5%, for a total minority stake of 20%.

To answer the question if TikTok Stock is now publicly traded, unfortunately, no, you cannot buy TikTok stock. The company is currently privately owned by ByteDance. ByteDance might perform an IPO for TikTok Global sometime in the near future, so it is possible that you will soon be able to buy shares of TikTok Global.

Jenna Gleespen is a copywriter specializing in finance and investment finance. Originally from the United States, she now calls London, England home. She recently put together this comprehensive article on TikTok Stock and all you need to know about it in this link here - https://www.thestockdork.com/tiktok-stock/

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