Alibaba's subsidiary Ant Financial can be valued at $ 60 billion after another round of financing.
The company Ant Financial, the former Alipay, allocated in a separate business by the corporation Alibaba, is negotiating with investors in order to obtain $ 3.1 billion, writes The Wall Street Journal. Experts believe that the company in 2017 will be released on an IPO on the Chinese Stock Exchange.
The Chinese public corporation Alibaba Group has been operating in the e-commerce market since 1999, when Alibaba.com was registered. The structure of the company includes, in addition to the main asset, the B2B trading platform Alibaba.com - the Chinese film company Alibaba Pictures, the online store AliExpress.com, the auction Taobao.com, Alibaba Cloud Computing and the platform for online electronic payments Alipay, which was allocated to a separate business .
In 2015, Alipay re-branded and became known as Ant Financial. The company manages the Alipay service itself - it is three times as high as PayPal in terms of the number of users, the investment service Yu'e Bao, the online credit rating system Sesame Credit, installment programs, and the digital bank MYBank. As of July 2015, the company issued micro-loans for $ 65 billion to 1.6 million entrepreneurs and enterprises.
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In July 2015, Ant Financial closed round A of financing . Included in the company including the largest pension fund of China - National Social Security Fund (NSSF). At the end of the round, the company was valued at $ 40 billion.
If according to the results of the new round, Ant Financial succeeds in attracting 3.1 billion dollars, its estimate will be from 50 to 60 billion.
The Chinese public corporation Alibaba Group has been operating in the e-commerce market since 1999, when Alibaba.com was registered. The structure of the company includes, in addition to the main asset, the B2B trading platform Alibaba.com - the Chinese film company Alibaba Pictures, the online store AliExpress.com, the auction Taobao.com, Alibaba Cloud Computing and the platform for online electronic payments Alipay, which was allocated to a separate business .
In 2015, Alipay re-branded and became known as Ant Financial. The company manages the Alipay service itself - it is three times as high as PayPal in terms of the number of users, the investment service Yu'e Bao, the online credit rating system Sesame Credit, installment programs, and the digital bank MYBank. As of July 2015, the company issued micro-loans for $ 65 billion to 1.6 million entrepreneurs and enterprises.
')
In July 2015, Ant Financial closed round A of financing . Included in the company including the largest pension fund of China - National Social Security Fund (NSSF). At the end of the round, the company was valued at $ 40 billion.
If according to the results of the new round, Ant Financial succeeds in attracting 3.1 billion dollars, its estimate will be from 50 to 60 billion.
Source: https://habr.com/ru/post/299126/
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