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7/8/23 at 3:52pm
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Fortune
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The buyback valuation is almost 70% lower than the $280B market cap Ant fetched in 2020 for its scrapped IPO.
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https://fortune.com/2023/07/08/ant-group-buy-back-shares-ease-investor-pressure-china-ends-crackdown-that-derailed-worlds-biggest-ipo/
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