![]() The same can’t be said for private companies, including TikTok. A simple online search will yield additional information like year-over-year growth and number of employees. Most of the data a would-be investor would want is disclosed to the public by the company or available to the public through the SEC. ![]() Public companies are easy to do research into. You won’t find TikTok on any stock exchange because it is a privately owned company. Can You Buy TikTok Stock? Is TikTok Publicly Traded? Young people are familiar and comfortable with social media, and that includes TikTok.Īt the time of writing, TikTok is a private company meaning investors cannot buy shares in the company on the stock market. ![]() As the greatest wealth transfer in history is taking place, these younger investors have the ability to make social media stocks a hot commodity for all investors. Advice often given to those new to investing is to invest in what you know, meaning products and services that they are familiar with. Some 60% of investors under the age of 35 use social media sites as a source of information, meaning they are comfortable and familiar with the industry. Those combined numbers are predicted to grow another 25% in 2023. In 2022, TikTok generated about $10 billion in global ad revenue, while its Chinese counterpart Douyin generated about $19 billion. Snapchat average of 72 minutes, Instagram 45 minutes, Facebook 20 minutes, Pinterest 16 minutes, and Twitter 10 minutes. TikTok is topping social media apps as well. Netflix usage clocked in at 48 minutes, and Disney+ at 40 minutes. And it’s not just YouTube that TikTok is outpacing among people under the age of 18. In 2022, kids watched an average of 107 minutes of TikTok, 60% longer than they spend watching YouTube. Young people are especially enamored with TikTok compared to YouTuve.
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