Data Vantage: Secondaries afoot, Ant Group sells stake in M-DAQ and other deals

Data Vantage: Secondaries afoot, Ant Group sells stake in M-DAQ and other deals

At least three companies saw their shares change hands through dozens of transactions in the past week, marking a busy period for secondaries.

Alibaba-backed Ant Group sold half of its stake in Singapore-based fintech services firm M-DAQ, held by its investment vehicle API (Hong Kong) Investment Limited, to Affinity Equity Partners last week.

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