Chinese self-driving startup Momenta raises $200M from investors including SAIC and Jack Ma's Yunfeng Capital, bringing its total raised this year to ~$1.2B
Chunying Zhang / Bloomberg :
Sources: Didi Chuxing's on-demand trucking unit Didi Freight is close to raising $1.5B from Temasek, Jack Ma's Yunfeng Capital, IDG Capital, and others
Coco Liu / Bloomberg :
Chinese online education startup Yuanfudao raises $300M from Jack Ma's Yunfeng Capital, bringing its total raised during 2020 to $3.5B
Chinese online education startup Yuanfudao raises $300M from Jack Ma's Yunfeng Capital, bringing its total raised during 2020 to $3.5B
The high-flying company this year already snagged USD 3.5 billion from investors. — The high-flying online education company Yuanfudao …
Jack Ma's Ant Group, which owns Alipay, had profits of around $3.5B in the six months to March, ahead of planned concurrent IPOs in HK and Shanghai
Stella Yifan Xie / Wall Street Journal : Tweets: @wsjmarkets Tweets: @wsjmarkets : $3.5 billion profit in six months: Jack Ma's Ant shows why it's a juggernaut ahead of IPO https://www.wsj.com/...
Jack Ma's Ant Group, payments processor for Alibaba, plans a dual listing in Hong Kong and Shanghai, sources say seeking a valuation of $200B+
What you need to know about the dual IPO Paddy Baker / CoinDesk : Alibaba's Ant Group Plans Dual IPOs at Possible $200B Valuation Fortune : Why the world's most valuable unicorn is shunning a U.S. IPO...
Jack Ma's Ant Group, payments processor for Alibaba, plans a dual listing in Hong Kong and Shanghai, sources say seeking a valuation of $200B+
- Ant is planning to list on Shanghai's STAR market, Hong Kong — Firm was valued at $150 billion in previous funding round
Source: Ant Financial is planning to raise ~$1B for a fund that will invest in startups from Southeast Asia to India
- The fund will focus on startups in Southeast Asia, India — Ant wants to invest in payments, risk control startups — Billionaire Jack Ma's Ant Financial …
Chinese Airbnb rival Xiaozhu raises a ~$300M round led by Jack Ma's Yunfeng Capital, says it currently has 500K+ active listings
BEIJING (Reuters) - Chinese short-term rental firm Xiaozhu.com said on Wednesday it has raised nearly $300 million in a funding round led by Jack Ma's Yunfeng Capital …
Analysis of Alibaba's earnings report shows the company's financial affiliate Ant Financial posted ~$1.4B in pretax profit in the year ended March, up 65% YoY
- Jack Ma's Ant is said to seek private funding of $10 billion — Ant Financial posted full year profit of 9.18 billion yuan