Launched in 2016 by ByteDance, TikTok is the world’s most popular social media app for creating and sharing short videos. It’s an incredible platform that lets anyone create content in any genre and reach a global audience. Users can add a wide variety of effects to their videos, such as filters, background music, stickers and more. Additionally, the app allows creators to collaborate on duet videos with friends across the globe.
With a large number of active users, TikTok’s popularity is unquestionable. However, the company’s growth has not been without its challenges. The company has faced issues with data collection, as well as privacy concerns. It’s also been accused of copyright infringement and has been banned by several governments.
Despite its challenges, the platform continues to grow. Its popularity has attracted big tech companies like Facebook and Alphabet, who are reportedly interested in acquiring the company. In addition, TikTok has been the fastest-growing app on the Apple Store in the past few months.
While TikTok is not currently publicly traded, the company could go public in 2022 or 2023. Investors can purchase shares of its parent company, ByteDance, through SoftBank or KKR, both of which own significant stakes in the Chinese startup. The company has also been backed by major venture capital firms like Sequoia Capital. This makes TikTok a great investment opportunity. buy shares of tiktok