TikTok is a short-video sharing app that has become one of the most popular social media platforms in the world. It was first released in 2016 by China-based ByteDance, and since then it has grown exponentially to become one of the most downloaded apps of 2020.
The app allows users to create and share 15-second videos with special effects, filters, and other editing tools. TikTok has gained an incredible amount of attention over the past few years because of its unique format and engaging content. It’s become especially popular among younger audiences, who are drawn to its entertaining content.
TikTok has also had a great financial success due to its rapid growth. In 2019, TikTok reported having over 500 million monthly active users worldwide, and it’s estimated to have earned more than $1 billion in revenue last year alone. This success has made it one of the most valuable startups in the world, with a valuation of over $75 billion.
Despite this success, however, TikTok is not yet a listed company. A company is usually listed on a public stock exchange when it goes public through an initial public offering (IPO). This means that they offer shares of their company for sale on the stock market so that people can buy and sell them like any other stock.
TikTok is still privately owned by ByteDance, which means that it is not yet available for public trading on the stock market. That said, there have been rumors circulating recently about potential plans for an IPO for TikTok in 2021. If this does happen, it would make TikTok one of the largest tech IPOs ever seen and could potentially make it a publicly traded company by 2021 or 2022.
For now, though, TikTok is still not a listed company and remains privately owned by ByteDance until any future plans for an IPO come into fruition. Despite this fact though, TikTok’s incredible growth over the past few years shows no signs of slowing down anytime soon as more people around the world continue to be drawn to its entertaining content every day.
Conclusion: Is TikTok a Listed Company? No – at least not yet! Although there have been rumors about potential plans for an IPO for TikTok in 2021 which could potentially make it a publicly traded company by 2021 or 2022, currently it remains privately owned by ByteDance until any future plans come into fruition.