Jack Ma's Ant Financial's valuation now twice more than Uber
Jack Ma-led Alibaba's affiliate Ant Financial now has a valuation of $150 billion, which is more than double the valuation of Uber ($62 billion), according to reports. This comes after Ant Financial raised around $14 billion from investors including US-based private equity firm Warburg Pincus. The funding has made Ant Financial the world's largest fintech company, according to Bloomberg. 