Sunday, 12 July 2015

Alibaba"s Ant Financial valued at $45 billion after new funding: source

Ant Financial sold stakes to external investors, including China Development Bank Capital Co and a holding company affiliated with David Yu, the co-founder of Alibaba Executive Chairman Jack Ma"s private equity firm Yunfeng Capital, the person said, adding that they did not know how much was raised.
Alibaba"s Ant Financial valued at $45 billion after new funding: source

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