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Square Closes Giant Investment at $6 Billion Valuation

Jason Del Rey has been a business journalist for 15 years and has covered Amazon, Walmart, and the e-commerce industry for the last decade. He was a senior correspondent at Vox.

Square has raised a huge new round of equity financing that values Jack Dorsey’s small-business payments and software company at $6 billion. The round, which Re/code reported on in August, was led by the Government of Singapore Investment Corporation. The New York Times first reported that Square had closed the investment, which it said totaled $150 million.

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