An ad of Ant Financial. [Xinhua] |
Ant Financial, Alibaba's financial spin-off, runs China's most popular online payment platforms Alipay and Yu'E Bao, the country's largest money market fund. Its other businesses include consumer credit platform Sesame Credit and private lender MYbank. Ant Financial has completed its second round of fundraising, in which it received US$4.5 billion and was valued at US$60 billion.
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