TikTok is a Chinese-owned social media platform designed to allow users to create and share short videos. The app was first released in 2016 and has since become one of the most popular apps in the world.
With over 800 million active users, the platform is a powerful tool for influencers and marketers alike. Despite its success, however, many people don’t know what the stock symbol for TikTok is.
TikTok is owned by ByteDance, a Chinese technology company founded in 2012. It is one of the world’s most valuable startups, estimated to be worth more than $100 billion.
Although ByteDance is a private company, it does have publicly traded shares on the Hong Kong Stock Exchange (HKEX). These shares are traded under the ticker symbol “9988”.
For those looking to invest directly in TikTok, it is important to note that there is no publicly traded stock for the company itself. This means that there are no publicly traded shares of TikTok available for purchase on any exchange. However, investors can still gain exposure to TikTok through ByteDance’s public shares.
It should also be noted that ByteDance has recently filed for an initial public offering (IPO) in Hong Kong. If this IPO is successful, it could result in an increase in demand for ByteDance’s stock and potentially lead to changes in how people invest in TikTok. For now though, investors will have to stick with buying shares of ByteDance as a way of gaining exposure to TikTok.
Conclusion:
The stock symbol for TikTok is “9988,” which represents the publicly traded shares of its parent company ByteDance on the Hong Kong Stock Exchange (HKEX). There are currently no publicly traded stocks available for purchase on any exchange that directly represent ownership of TikTok itself. However, investors can still gain exposure to TikTok through ByteDance’s public shares or through an eventual IPO if it happens.