Chinese SWF Backs Alipay Company

Posted on 04/10/2016

Ant Financial Services Group, a financial services affiliate of Alibaba Group Holding Ltd., raised a fresh round of capital from new and existing investors. Ant Financial is the operator of Chinese online payments platform Alipay. In this round, Ant Financial raised an excess of 20 billion yuan (US$ 3.1 billion). Lead investors in the round […]

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