China's Ant Financial raises $10 billion at $150 billion valuation: Sources

China's Ant Financial raises $10 billion at $150 billion valuation: Sources

6 years ago
Anonymous $CLwNLde341

https://www.cnbc.com/2018/05/29/chinas-ant-financial-raises-10-billion-at-150-billion-valuation.html

Ant Financial Services Group, operator of China's biggest online payment platform by market share, Alipay, has closed its latest funding round having raised $10 billion from a clutch of global and local investors, five people with direct knowledge of the matter told Reuters.

Ant's first fundraising targeting global money values the firm at $150 billion, the people said, compared with about $60 billion after its previous fundraising in April 2016.