Alibaba Group Ant Financial's subsidiary attracted a record $ 60 billion investment
A subsidiary of Chinese online retailer Alibaba has attracted an investment of $ 4.5 billion. This is a record for an Internet company investment. Thus, Ant Financial , which manages the Alipay payment service, is now valued at $ 60 billion.
Among the company's new investors is the sovereign wealth fund China Investment Corp. and China Construction Bank , reports The Wall Street. Former investors - the postal company China Post Group , the investment company Primavera Capital Group and the investment division of China Development Bank - also invested in this round.
Funds during the round were received not only from investments, but also from the sale of shares in the company.
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In June 2015, Ant Financial capitalization was $ 45 billion. As part of last year’s deal, the company sold a 12.4% stake to a pool of investors, including China Development Bank Capital Co. and the National Social Security Fund of China (China’s National Social Security Fund).
According to the Vice-President of Ant Financial, Cyril Khan, the company plans to enter an IPO by placing its shares on Chinese and foreign stock exchanges. He does not specify the dates, however, some experts believe that the company will enter the IPO on the Chinese Stock Exchange in 2017. Ant Financial also plans to acquire Chinese companies involved in building information infrastructure and providing financial services in rural areas.
In January of this year, the Chinese company Meituan-Dianping , which sells movie tickets and reservations in restaurants, raised $ 3.3 billion. Until now, it was a record investment invested in an Internet company in one round.
Ant Financial is engaged in payments on the Internet and in mobile applications. Ant Financial was spun off from Alibaba before the retailer’s IPO was released in September 2014. The company manages the Alipay service - 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.
Ant Financial manages annually serving over 450 million customers.
Among the company's new investors is the sovereign wealth fund China Investment Corp. and China Construction Bank , reports The Wall Street. Former investors - the postal company China Post Group , the investment company Primavera Capital Group and the investment division of China Development Bank - also invested in this round.
Funds during the round were received not only from investments, but also from the sale of shares in the company.
')
In June 2015, Ant Financial capitalization was $ 45 billion. As part of last year’s deal, the company sold a 12.4% stake to a pool of investors, including China Development Bank Capital Co. and the National Social Security Fund of China (China’s National Social Security Fund).
According to the Vice-President of Ant Financial, Cyril Khan, the company plans to enter an IPO by placing its shares on Chinese and foreign stock exchanges. He does not specify the dates, however, some experts believe that the company will enter the IPO on the Chinese Stock Exchange in 2017. Ant Financial also plans to acquire Chinese companies involved in building information infrastructure and providing financial services in rural areas.
In January of this year, the Chinese company Meituan-Dianping , which sells movie tickets and reservations in restaurants, raised $ 3.3 billion. Until now, it was a record investment invested in an Internet company in one round.
Ant Financial is engaged in payments on the Internet and in mobile applications. Ant Financial was spun off from Alibaba before the retailer’s IPO was released in September 2014. The company manages the Alipay service - 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.
Ant Financial manages annually serving over 450 million customers.
Source: https://habr.com/ru/post/300408/
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