Jack Ma's Ant Financial now worth more than Goldman Sachs
Jack Ma-led Alibaba's affiliate Ant Financial's valuation now stands at $150 billion, more than investment bank Goldman Sachs' $88 billion, according to reports. This comes after Ant Financial raised $14 billion from investors including Warburg Pincus and Temasek on Friday. The funding round made Ant Financial the world's largest fintech firm, according to Bloomberg.