SHANGHAI -- Ant Group, the fintech affiliate of Chinese e-commerce leader Alibaba Group Holding, is looking to raise a record $30 billion in its planned IPO, Chinese financial and business news media group Caixin reported on Monday.
Chinese fintech giant seeks to raise more than Saudi Aramco
Ant runs Alibaba's mobile wallet, Alipay, and offers financial products to Alipay users. © Reuters
SHANGHAI -- Ant Group, the fintech affiliate of Chinese e-commerce leader Alibaba Group Holding, is looking to raise a record $30 billion in its planned IPO, Chinese financial and business news media group Caixin reported on Monday.