LPNEWS
This is your Data Sheet newsletter for Friday, June 8, 2018.: The number is mind-boggling: $14 billion. That’s how much Ant Financial, the payments and financial services affiliate of Chinese e-commerce giant Alibaba, raised in a private financing that included a who’s who of non-Chinese investors such as Silver Lake, General Atlantic, Temasek, and Carlyle. The word “Alibaba” doesn’t appear in Ant’s news release, a curious omission given that Alibaba and its managers control the company.

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