The TikTok app is still not available in Google Play or the iPhone App Store despite Trump's order halting the ban. Here's what's happening.
Some fast-acting entrepreneurs are selling phones with TikTok preloaded on devices for thousands of dollars online, after the social media app was momentarily unavailable in the U.S.
If you still have TikTok installed on your phone, you might be able to make a few thousand dollars by listing it on eBay.
People are listing phones preloaded with TikTok for tens of thousands of dollars on eBay, Facebook marketplace and other online storefronts — though it is not clear if there are many buyers at those prices.
TikTok’s absence from app stores in the US has sparked an unusual trend: phones with the app pre-installed are being sold on eBay for exorbitant amounts. Some listings are priced as high as $50,000, reported The Independent, with sellers capitalising on the scarcity of the popular short-video platform following its removal.
TikTok's service in the US may have been restored, but it's still not available for download leading to some crazy eBay listings.
At the time of publication, a search for "TikTok phone" produces over 24,000 results, with the lowest "Buy it Now" listing selling for $400 and the highest asking for (checks notes) $4,970,400 million with CapCut, a video editing app also owned by ByteDance pre-installed in addition to TikTok.
Business Insider's scan of platforms like eBay and Facebook Marketplace showed hundreds of listings touting phones with TikTok and CapCut installed.
Phones are going for thousands of dollars on online storefronts after Apple and Google took down ByteDance platforms.
TikTok’s absence from app stores in the US has sparked an unusual trend: phones with the app pre-installed are being sold on eBay for exorbitant amounts. Some listings are priced as high as $50,000, reported The Independent,
There are also TikTok-loaded devices that are listed for sale for just hundreds of dollars. Some sellers advertise phones with active TikTok accounts, while others say the app is installed, but not linked to an account. Ebay did not immediately respond to CBS MoneyWatch's request for comment on the listings.