Ant Financial is building a roughly $1bn investment fund to back start-ups across south-east Asia and India, as Alibaba’s financial technology arm looks to expand its reach across the region.
Plans for the fund, which were first reported on by Deal Street Asia, are at an early stage, according to a person familiar with the matter.
Ji Gang, Ant Financial’s vice-president, told a conference for young entrepreneurs in Beijing on Tuesday the company wants to focus on providing start-ups with later-stage funding.
您已閱讀20%（512字），剩餘80%（2033字）包含更多重要資訊，訂閱以繼續探索完整內容，並享受更多專屬服務。