Ant Financial closes $10b funding round at $150b valuation

Ant Financial
A customer walks past a sign for Ant Financial Services Group's Alipay, an affiliate of Alibaba Group Holding Ltd., at a Sa Sa International Holdings Ltd. store in Hong Kong, China. Photographer: Anthony Kwan/Bloomberg

Ant Financial Services Group, operator of China’s biggest online payment platform by market share, Alipay, has closed its latest funding round having raised $10 billion from a clutch of global and local investors, five people with direct knowledge of the matter told Reuters.

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