Alibaba’s Ant Financial raises record $4.5bn

ChinaNikkei — HONG KONG — A financial affiliate of China’s e-commerce giant Alibaba Group Holding has received $4.5 billion from state-backed investors, in a fundraising round said to be the biggest ever for a privately held Internet company.

http://asia.nikkei.com/Business/AC/Alibaba-s-Ant-Financial-raises-record-4.5bn

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