April 10, 2018 / 10:14 AM / 3 months ago

Jack Ma's Ant Financial set to raise $9 bln in funding- WSJ

April 10 (Reuters) - Chinese billionaire Jack Ma’s financial technology business Ant Financial plans to raise $9 billion in latest round of funding, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.

The latest funding round could value Ant Financial at close to $150 billion, making it by far the world's largest unicorn, according to the report. (on.wsj.com/2IGHLdI)

Ant Financial and Alibaba were not immediately available for comment. (Reporting by Parikshit Mishra in Bengaluru; Editing by Shounak Dasgupta)

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