Some iPhones with the TikTok app, which is currently unavailable in the Apple and Google app stores, are fetching big bucks on eBay in the wake of the video-sharing app's brief ban in the United States.
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.
Business Insider's scan of platforms like eBay and Facebook Marketplace showed hundreds of listings touting phones with TikTok and CapCut installed.
With no way for users to download TikTok, thousands of eBay sellers have listed phones with the app installed — hoping to capitalize on TikTok's disappearance from U.S. app stores following a brief ban.
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,
Some cell phone owners with the app installed are selling their devices online to TikTok users eager to consume content on the platform.
People are listing phones preloaded with TikTok on eBay, Facebook marketplace, and other online storefronts. View on euronews
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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.