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Jack Ma-Backed Ant Group To Buy Back Shares At 70% Lower Valuation Than At IPO
Saturday, July 8, 2023 - 11:05am | 606Billionaire Jack Ma-backed Ant Group Co. is planning to buy back as much as 7.6% of shares to retain skilled individuals and offer an exit to investors who have been impacted by the company's regulatory obstacles. According to a report by Bloomberg on Friday,...