China Wealth Fund Backs Alibaba Finance Affiliate
Posted on 04/26/2016
Zhejiang Ant Small & Micro Financial Services Group Co. (Ant Financial), a entity controlled by Alibaba founder Jack Ma, raised a massive US$ 4.5 billion in Series B capital to fund a bid for global expansion. Investors in the round include China Investment Corporation (CIC), through CIC Capital, and a investment unit of China Construction […]
- Alibaba
- Alipay
- Ant Financial
- Asia
- CCB Trust
- China Investment Corporation
- Deals
- Goldman Sachs
- JPMorgan
- Private Equity
