www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Technology

Alibaba financial affiliate raises record $4.5b

By Meng Jing (China Daily) Updated: 2016-04-27 07:44

Alibaba financial affiliate raises record $4.5b

Ant Financial Service Group said the company has raised a record $4.5 billion in a new round of funding to bankroll its global expansion. [Photo/IC]

The internet financial services affiliate of e-commerce conglomerate Alibaba Group Holding Ltd announced on Tuesday that it has raised a record $4.5 billion in a new round of funding to bankroll its global expansion.

Ant Financial Service Group, which operates China's largest online payment service Alipay, said in a statement that the funding marked the largest ever single private placement by an internet company.

Ant Financial aims to provide equal access to financial services, namely payments, wealth management, micro loans and insurance, globally.

"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," said Eric Jing, president of Ant Financial.

According to a report from Bloomberg, Ant Financial aimed to raise at least $3.5 billion at a valuation of $60 billion and is considering an initial public offering on the Shanghai Stock Exchange as early as this year. Ant Financial refused to comment on the report.

The latest funding came months after Ant Financial announced in July 2015 its first round of fundraising, which valued the company at $45 billion.

A powerful State-backed consortium led by China Investment Corp Capital and CCB Trust, a subsidiary of the China Construction Bank, participated in the funding round.

Industry observers said that rather than driven by the thirst for financing, Ant Financial's new round of funding is more about raising the profile of the company so that it can better extend its reach overseas.

"Backed by Alibaba and billionaire Jack Ma, Ant Financial is already equipped with enough funding and the endorsement from a long list of powerful State-backed investors before the new round of funding," said Li Chao, an analyst with the iResearch Consulting Group.

"But by expanding its services overseas, Ant Financial can not only gain more customers overseas but also export its standard of interent financing services to other countries. In doing so, there is very big chance for it to become a global leader in internet finance," he said.

According to him, Ant Financial does face competition from the internet financial service providers such as Tencent Holdings Ltd and JD.com Inc, but it doesn't challenge its No 1 position in China.

Established in October 2014, Ant Financial has grown from Alipay, which provides payment services for e-commerce marketplaces, to become a comprehensive and open ecosystem providing financial services ranging from payments, wealth management and insurance to micro loans for small and micro enterprises and individual consumers.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 欧美国产精品亚洲精品第一区 | 日韩黄在线观看免费视频 | 精品久久香蕉国产线看观看亚洲 | 91视频社区| 中文国产成人精品久久96 | 欧美日韩视频在线 | 国产原创91 | 成人黄色在线视频 | 97在线观看完整免费 | 在线免费看黄色 | 成人在线一区二区 | 国产三级借妻 | 97国产精品视频观看一 | 成人综合在线视频 | 日韩美a一级毛片 | 最新日韩欧美不卡一二三区 | 国产一区二区三区免费在线观看 | 午夜免费毛片 | 久青草国产手机在线观 | 精品免费在线视频 | 兔子先生节目在线观看免费 | 国产精品极品 | 亚洲人成a在线网站 | 米奇777色狠狠8888影视 | 在线综合+亚洲+欧美中文字幕 | 亚洲特级黄色片 | 亚洲精品一区二区三区四 | 国产a高清 | 一级做人爱a视频正版免费 一级做性色a爱片久久片 | avtt天堂网永久资源手机版 | 加勒比综合在线 | 97精品久久久久中文字幕 | 亚洲免费专区 | 欧美成人精品一区二区 | 免费特级毛片 | 国产一区二区三区不卡在线观看 | 久草视频在线免费 | 4455永久在线毛片观看 | 精品三级国产一区二区三区四区 | videosfree性欧美另类 | 色色视频免费网 |