Jack Ma's Ant Financial set to raise $9 billion in funding - WSJ

(Reuters) - Chinese billionaire Jack Ma's financial technology business Ant Financial plans to raise $9 billion in latest round of funding, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.

The latest funding round could value Ant Financial at close to $150 billion, making it by far the world's largest unicorn, according to the report.

Ant Financial and Alibaba were not immediately available for comment.

(Reporting by Parikshit Mishra in Bengaluru; Editing by Shounak Dasgupta)