New Stock News | Ant International Seeks $1 Billion Financing Valuation Reaches $10 Billion or Pave the Way for Listing in Hong Kong
This round of financing may value Ant International at 10 billion dollars or more.
The report cited informed sources revealing that Ant Group's international business is considering raising approximately $1 billion to accelerate its business development. The project has already attracted interest from General Atlantic and Silver Lake. This round of financing could potentially value Ant International at $10 billion or more. The report quoted sources as saying that this financing is expected to pave the way for Ant International to potentially go public in Hong Kong as early as this year. Discussions about this round of financing are still ongoing, and a final decision has not been made.
The report stated that Ant Group, General Atlantic, and Silver Lake representatives all declined to comment.
According to the report, Ant International's total revenue in 2024 is expected to reach $3 billion (approximately 23.51 billion Hong Kong dollars), with a 25% growth in 2025 to approximately $3.75 billion.
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