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Ant Financial said to seek up to US$5 bln in new funding

Retrieved on: 2018-02-12 09:52:30

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<div>Alibaba Group affiliate Ant Financial Services plans to raise up to US$5 billion in a new funding round, according to the Wall Street Journal. The company is in talks to pick advisers for a new equity placement which will bolster its financial position as it weighs an initial public offering, the paper said, citing ...</div>

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