There's speculation that ByteDance, the parent company of popular app TikTok, may be planning an IPO. Word this week that the company had hired a CFO, Xiaomi executive Shou Zi Chew, renewed that speculation.
But while rumors have been swirling for over a year now, ByteDance has yet to publicly file or confirm that it's planning to list stock on a public exchange. (There have also been rumors about a possible TikTok IPO, but no details.)
If the company does go public, US investors will need an international brokerage account to buy stocks.
ByteDance is expected to go public, although it has not yet filed a viewable registration document with the US Securities and Exchange Commission (SEC).
The exact IPO date has not been announced. There's no news yet about how much the stock will cost when it goes public. We'll update this page with more information as it becomes available.
Once ByteDance goes public, you'll need a brokerage account to invest. Consider opening a brokerage account today so you're ready as soon as the stock hits the market.
Interactive Brokers offers an impressive range of tools and low fees for active or professional investors.
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It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. Looking at the performance of similar companies can help you decide if now is a good time to buy ByteDance stock.
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