Ant Financial’s valuation bump-up

Growing value: Employees are seen at the reception desk of Ant Financial. The unicorns recent valuation has garnered a lot of attention. — Reuters

Investors clamouring for a stake in the world’s biggest super unicorn as value rises

ANT Financial’s rapid climb to become the world’s biggest super unicorn valued by some investors at around US$150bil 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 US$100bil.