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TikTok Investors, The Best TikTok Investment Channels

By Ken Roberts 12 December, 2022 2 mins read

TikTok has grown to be more than a dance craze. The app is used by more than 689 million people monthly. This has made it a worldwide phenomenon and attracted investors from many backgrounds. These are the top TikTok investment channels. It is important to first understand the popularity and appeal of the app. Although the app is not publicly traded, it is a Chinese company.

ByteDance, Inc. is not publicly traded.

While ByteDance may not be a public corporation, the company has thought about becoming one. Chinese tech giant, ByteDance, has six business units. They focus on enterprise software and gaming. ByteDance, which has previously been in discussions to go public, considered partnering with Walmart, Oracle, and other companies to achieve 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. ByteDance is also offering stock options to its employees and major investors. Employees can either sell or hold shares in the event that a company goes public. The Chinese tech giant is still working towards achieving an IPO, although it is still a distant goal.

ByteDance was founded in China.

China has acquired shares in the U.S. subsidiary of ByteDance, a Chinese-owned tik tok company. This is concerning given China's oppressive control of social media by the government. It is doubtful that the Chinese government holds direct control of the U.S. ByteDance division, but it is worth noting the fact that one of three directors' seats in its subsidiary's board sits at 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 asked the largest tech companies to disclose their user data.

ByteDance is a social media app

A new policy imposed by the Chinese government has put the company's social media app, TikTok, under scrutiny. China has strict standards for acceptable speech. The company's rules are in line with these guidelines. U.S. employees have reacted negatively to this decision. The company stated that it did not allow the government to influence its policy and that its U.S. based team did not support the company's view on TikTok. The company also defends TikTok for entertainment.

TikTok does not trade publicly, but it is still worthwhile to invest in the stock. The company was created in 2010 and has millions upon millions of users. Although it has not yet gone public, the Chinese government's recent efforts resulted in more that 2 billion active monthly users. ByteDance could go public soon.

Read Next - Top Information a Click Away

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Statistics

One of the most well known sites is the Amazon affiliate program, Amazon Associates , which boasts the largest market share of affiliate networks (46.15%). (bigcommerce.com)
Instagram is the most popular channel, with 67% of brands using it. (shopify.com)
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)
According to research from Adweek, over half (51%) of TikTokers make purchases from brands they see in the app. (shopify.com)