Tuesday, April 26, 2016

Alibaba Affiliate Ant Financial Closes $4.5bn Funding Round

China's biggest e-commerce company Alibaba Group Holding Ltd's affiliate Ant Financial Services Group has closed a $4.5 billion funding round, paving the way for a long-expected initial public offering (IPO).

from The Business of Fashion http://ift.tt/1VzB8h3

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