How Can I Buy TikTok Stock Today

How Can I Buy TikTok Stock Today

Have You Heard of TikTok?

Chances are good that interested individuals have heard about TikTok. After all, the social networking service has seen a huge surge in popularity because of the COVID-19 crisis, which made for a lot of people with a lot of time on their hands. Furthermore, TikTok has been a topic of contention in U.S. politics and beyond for quite some time. Something that has further raised its profile. Regardless, the fact of the matter is that the social networking service has a huge user base. Provided that it is capitalized upon in the right way, this can be very attractive for would-be investors.

What Is One Reason Why You Should Be Interested in TikTok Stock?

What Is One Reason Why You Should Be Interested in TikTok Stock
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The exact number of TikTok users is unclear. In November of 2018, it was reported that the social networking service had 680 million users who were active on a monthly basis. Since that time, TikTok has experienced more than one incident that has presumably had a notable effect on said number. As mentioned earlier, one example would be the COVID-19 crisis. However, two other examples would be the ban in India as well as the ban, the un-ban, and then the second ban implemented in Pakistan. Due to this, it is difficult to guess the current size of TikTok's user base, though there are some sources that have produced estimates of more than 1 billion people at this point in time. In any case, the fact that people talk about the number of TikTok users in terms of billions and hundreds of millions says much about the social networking service's profit-making potential.

What Is Another Reason Why You Should Be Interested in TikTok Stock?

What Is Another Reason Why You Should Be Interested in TikTok Stock
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Speaking of which, what makes TikTok even more interesting is that its user base is concentrated in certain segments of the population. A wide range of people use the social networking service for a wide range of reasons. However, TikTok users tend to be on the younger side of things, which has become a well-known fact about the platform. Some people might think that this is a bad thing because wider appeal makes for bigger user bases, but it is important for interested individuals to remember that there are plenty of businesses out there that focus on particular segments of the general population. For them, marketing to everyone doesn't make sense because their products and services don't appeal to everyone. Instead, these businesses want specific audiences because that will increase the chances of their marketing efforts reaching someone who can actually be convinced to buy their offerings. Since TikTok caters to younger people, this makes it an excellent way to reach out to younger people, meaning that it already has its niche.

Can You Even Buy TikTok Stock?

Can You Even Buy TikTok Stock
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Unfortunately, there is no way to buy TikTok stock at this point in time. Currently, most of the social networking service is owned by ByteDance at about 80 percent. Meanwhile, a couple of other companies - Oracle and Walmart - own the rest. There is a widespread consensus that TikTok will eventually have an IPO. However, those plans have presumably been placed on hold for the time being. This is because the Chinese government is tightening the regulations for Chinese tech companies because of concerns over how much personal information they are collecting as well as how they are making use of that personal information. Due to this, it seems reasonable to say that ByteDance won't be moving forward with a TikTok IPO until it has adjusted to the new regulatory environment, meaning that interested individuals will want to continue keeping a watchful eye on the whole situation.

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