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Stock impact report

ByteDance Offers Investors a Buyback at $268 Billion Valuation [Yahoo! Finance]

Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA) 
Last alibaba group holding limited american depositary shares each representing eight ordinary share earnings: 2/13 06:45 am Check Earnings Report
US:NYSE Investor Relations: alibabagroup.com/en/ir/home
Company Research Source: Yahoo! Finance
Most Read from Bloomberg Treasury Frenzy Drives 10-Year Yield Below 4.2%: Markets Wrap Biden Says He Might Not Have Sought Reelection If Trump Weren't Running Truck-Stop Billionaire Fights Warren Buffett to Increase $18 Billion Fortune Moody's Cuts China Credit Outlook to Negative on Rising Debt How Suspects Laundered Billions in Singapore for Years The new offer, earlier reported by the South China Morning Post, is pitched at $160 per share, the same level as ByteDance offered to employees in November, the people said, asking not to be named discussing a private matter. It's at a valuation roughly 11% lower than the price ByteDance offered to investors in 2022, which would still place it among the 40 most valuable public companies in the world and third in China behind Tencent Holdings Ltd. and Kweichow Moutai Co. The Beijing-based internet company has ascended to become one of China's internet leaders, alongside Tencent and Alibaba Group Holding Ltd., leveraging the p Show less Read more
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