Posted inChinaHong KongWorld

Ant raises a whopping US$14 billion in funding round

There is fund-raising and then there is Ant Financial Services Group. The largest online payment platform in China has raised about US$14 billion in what market watchers have called the biggest single investment round by a private company. The cash will boost Ant’s firepower ahead of a widely expected initial public offering, or IPO, in Hong Kong and […]