China Post Group has invested in Ant Financial
China Post Group has invested in Ant Financial, taking a stake of less than 5%. This represents the first such cooperation between China Post Group, and Alibaba, the founder of Ant Financial. China Post Group is the second largest strategic shareholder in Ant Financial, China's Social Security Fund also holds a 5% stake.
Ant gets more funds

Ant Financial, an arm of Alibaba Group Holding, has obtained investment from a capital platform wholly owned by China Post Group, the first such cooperation between the two parties, domestic news portal zjol.com reported Sunday.



The China Post platform will acquire less than 5 percent of Ant, together exploring opportunities in rural small loan businesses, according to zjol.com, which is based in Zhejiang Province, the headquarters of Alibaba.



The investment follows funding by China's Social Security Fund, which holds a stake of 5 percent in the company.





