(CNN) – Sellers on eBay have a hot, new commodity: phones with TikTok still installed. TikTok was removed from app stores on Saturday ahead of a federal ban. While the app is available again for people who already had it downloaded, it remains missing from app stores.
Business Insider's scan of platforms like eBay and Facebook Marketplace showed hundreds of listings touting phones with TikTok and CapCut installed.
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.
Can't download TikTok while app stores support the ban? A smartphone with TikTok awaits you on eBay for thousands of dollars.
People are listing phones preloaded with TikTok for tens of thousands of dollars on eBay, Facebook marketplace and other online storefronts.
Many people are listing iPhones with TikTok installed on eBay for thousands of dollars as the app remains absent on Google and Apple app stores.
US entrepreneurs are seizing an opportunity to make profits by selling phones preloaded with TikTok for high prices, following the app's temporary unavailability in the US. Although TikTok cannot be downloaded from app stores,
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.
Phones are going for thousands of dollars on online storefronts after Apple and Google took down ByteDance platforms.
The ongoing feud between the U.S. government and TikTok's parent company, ByteDance, began in 2020, when President Donald Trump proposed the first ban on TikTok in the U.S., claiming it threatened national security.
TikTok is no longer available in the App Store as of Thursday, however there’s still a way to get back on the platform – for a price.