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TikTok Investors, The Best TikTok Investment Channels

By David McKinney 16/09/2022 2 mins read

TikTok has evolved into more than just the latest dance trend. The app is used by more than 689 million people monthly. This has made it a worldwide phenomenon and attracted investors from many backgrounds. Here are some of the best investment channels on TikTok. In the first place, we should understand the popularity of the app. The app is not publically traded but it is a Chinese-owned company.

ByteDance is not a publicly traded company

While ByteDance isn't a publicly traded company, it has been considered. Chinese tech giant ByteDance has six business units that focus on enterprise software, gaming, and digital media. ByteDance had previously considered going public. This included partnering with Walmart or Oracle for an IPO. Trump's ban against Chinese companies has hampered the company's plans to go public in the United States. ByteDance declared in June 2018 it would be focusing on a Hong Kong initial public offering and not going public in the United States.

The company's owners, SoftBank Group, are reportedly working to get the company to go public. Moreover, ByteDance has started to distribute stock options to employees and major investors. In the event of a company going public, employees will be able to sell their shares or keep them. Although the IPO is still a ways off, the Chinese tech giant is determined to achieve it.

ByteDance was founded in China.

China has acquired shares in the U.S. subsidiary of ByteDance, a Chinese-owned tik tok company. This is an alarming development considering China's record of oppressive government controls over social media. Although it's unlikely that the Chinese government is directly responsible for the U.S. division Of ByteDance it is important to note that one of three seats on the subsidiary's board has been held by the Chinese government.

The Chinese government has been collecting personal data for years in an effort to build up a biometric database. As the Chinese government is increasingly asserting its influence around the world, it's worrying that the popular app, TikTok, could be the latest Trojan horse for mass surveillance. Chinese officials have already called on the top tech companies in China to share their user data.

ByteDance, a social media app, is available

The Chinese government has recently placed TikTok social media app under review. China's strict guidelines for acceptable speech are reflected in the company's policies. U.S. staff have reacted strongly to the company's decision. The company claimed that it was not influenced in any way by the government and that the U.S.-based team didn't share its views on TikTok. It also defends TikTok, claiming that it is a place for entertainment.

Although TikTok is not a publicly traded company, it is still worth investing in the company's stock. The company was founded in 2010, and has millions of users. It has yet to go public, but the Chinese government's recent efforts have resulted in more than 2 billion monthly active users. ByteDance could go public soon.

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Statistics

Some 70% of consumers say SMS is a good way for businesses to get their attention. (shopify.com)
According to the Baymard Institute, 69.82% of shopping carts are abandoned. (shopify.com)
Instagram is the most popular channel, with 67% of brands using it. (shopify.com)
According to research by Marketo, multimedia texts have a 15% higher click-through rate (CTR) and increase campaign opt-ins by 20%. (shopify.com)
BigCommerce affiliate program , you receive a 200% bounty per referral and $1,500 per Enterprise referral, with no cap on commissions. (bigcommerce.com)