EXPLAINER-Ant Financial's $150 bln valuation, and the big recent bump-up
April 18, 2018 at 06:26 AM EDT
HONG KONG, April 18 (Reuters) - Ant Financial's rapid climb to become the world's biggest super unicorn valued by some investors at around $150 billion showcases investor enthusiasm for the biggest Chinese tech companies and also how quickly valuations can shift. Just two months ago, bankers and investors were tentatively talking of a figure closer to $100 billion.
