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The $230 Billion Speech: How Jack Ma’s Shocking Words Devastated Ant Group
Introduction In a shocking turn of events, Jack Ma’s speech had a devastating impact on Ant Group, resulting in a loss of approximately $230 billion in valuation. Ant Group, co-founded by Ma, faced significant setbacks after Chinese regulators pulled its initial public offering (IPO) three years ago. This article delves into the consequences of Ma’s…