View of a logo of Alipay, the online payment service of Alibaba's Ant Financial, at the headquarters in Hangzhou city, east China's Zhejiang province, 24 May 2018. Alibaba's financial arm Ant Financial Services Group has finalized the last round of private funding before its initial public offering on both Hong Kong and Chinese mainland A-share markets in one or two years, with a valuation of $150 billion, tech news portal All Weather TMT reported Saturday. The fundraising will be completed mainly in the U.S. dollar, which would be $9 billion,, which might be settled in early June, the outlet citing a source familiar with the matter said, adding the amount of RMB financing, which is expected to be closed at different time, was not clear. Foto: Shan He/Imaginechina/dpa |
