Ant Financial adds US$4.5b after Series B
Print Edition
ANT Financial Services Group, the financial services affiliate of Chinese e-commerce giant Alibaba, said yesterday that it has completed a US$4.5 billion Series B round of financing as part of its goal to expand in rural China and globally.
Investors led by China Investment Corp Capital and CCB Trust, a subsidiary of China Construction Bank, joined existing shareholders, including China Life, China Post Group, China Development Bank Capital and Primavera Capital Group, in the financing, it said.
The group incorporates wealth-management sales platform Ant Fortune, credit information service Sesame Credit and private lender MYbank.
“The capital raised in Series B will allow us to invest in the infrastructure, such as cloud computing and risk control, that will underpin our long-term growth in rural and international markets,” Eric Jing, president of Ant Financial, was quoted as saying in a statement.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
