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3/15/23 at 3:09am
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Bloomberg
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ByteDance Ltd. was valued at around $220 billion in a recent private-market investment by Abu Dhabi AI firm G42, a significant discount to the $300 billion that TikTok’s owner set during a recent share buyback program.
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https://www.bloomberg.com/news/articles/2023-03-15/uae-spy-chief-s-firm-buys-into-bytedance-at-220-billion-value
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