Explainer: Ant Financial's $150 billion valuation, and the big recent bump-up

HONG KONG (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.

from Reuters: Business News https://ift.tt/2HaPqAG