Ant Financial raises record $4.5b
The record round of private funding values the Alibaba-backed company at almost $60 billion and sets a benchmark ahead of its highly anticipated but yet to be announced IPO.
April 26, 2016
Alibaba shattered records last year with its $25 billion flotation and it appears that it is just getting started. The Chinese e-commerce giant is also planning to take its financial services company, Ant Financial Services Group, public in the next few years.
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