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Jack Ma’s Ant Financial adds two new money market funds to its…

BEIJING (Reuters) – Chinese billionaire Jack Ma’s financial technology unicorn Ant Financial Services Group [ANTFIN.UL] is adding two new money market funds to its online wealth management platform Yu’e Bao, which is already the world’s biggest money market fu... More »

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Warburg Pincus in talks to invest in Ant’s $8 billion funding…

HONG KONG (Reuters) – Warburg Pincus LLC [WP.UL] is in talks to invest in a fundraising round for China’s Ant Financial Services Group [ANTFIN.UL] expected to be worth at least $8 billion, people with knowledge of the matter said. The New York-based private eq... More »