Latest funding round could value the financial technology firm at close to $150 billion
Chinese billionaire Jack Ma’s financial-technology business is about to vault into the ranks of the world’s most valuable companies. Ant Financial Services Group, carved out of his e-commerce giant Alibaba Group Holding Ltd. seven years ago, is preparing to raise $9 billion in a private funding round, according to people familiar with the matter. That ups a previous fundraising target of $5 billion. Ant,... To Read the Full Story
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