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Alibaba's Finance Affiliate Raises USD 4.5 Bln Series B

Mydriver, 4/26/16

Zhejiang Ant Small & Micro Financial Services Group (Ant Financial), the financial services company affiliated with Alibaba Group (NYSE: BABA), has publicly announced its completion of USD 4.5 bln Series B funding with investment from China Investment Corporation, China Construction Bank Trust, China Life Insurance, China Post Group, CDB Capital, Primavera Capital Group and others. Read More

Online Medical Platform Guahao Raises USD 394 Mln in New Funding

Sina Tech, 9/24/15

Guahao.com Limited, operator of Chinese online and mobile hospital appointment-booking platform Guahao, recently announced that it has completed USD 394 mln in new funding led by Beijing-based private equity fund Hillhouse Capital Management and Goldman Sachs. Read More