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ByteDance Valued at $220 Billion in Recent Investment by Abu Dhabi’s G42, a Significant Discount from TikTok’s Owner’s Share Buy-Back Program

ByteDance was valued at around US$220 billion in a recent private-market investment by Abu Dhabi artificial intelligence (AI) firm G42, a significant discount to the US$300 billion that TikTok‚Äôs owner set…

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