Young People Turn To TikTok For Financial Planning, Experts Warn Users To Research

NBC News published this video item, entitled “Young People Turn To TikTok For Financial Planning, Experts Warn Users To Research” – below is their description.

TikTok users are finding content creators on the app who are giving financial advice, the problem is not all of it is helpful. » Subscribe to NBC News:

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Young People Turn To TikTok For Financial Planning, Experts Warn Users To Research

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  • In This Story: TikTok

    TikTok, known in China as Douyin, is a Chinese video-sharing social networking service owned by ByteDance, a Beijing-based Internet technology company founded in 2012 by Zhang Yiming. It is used to create short music, lip-sync, dance, comedy and talent videos of 3 to 15 seconds, and short looping videos of 3 to 60 seconds.

    ByteDance first launched Douyin for the Chinese market in September 2016. Later, TikTok was launched in 2017 for iOS and Android in most markets outside of mainland China; however, it only became available worldwide, including the United States, after merging with another Chinese social media service on 2 August 2018.

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