Data is the new oil, as a rare public row fight between two of China’s leading billionaires shows. The recent spat between e-commerce juggernaut Alibaba, controlled by the China’s wealthiest man, Jack Ma, and S.F. Express, the express-delivery giant run by the country’s fifth-richest man, Wang Wei, may be a touch obscure. Alibaba, the $307 billion company which runs China’s equivalent of eBay, relies on companies like S.F. Express to...
Source: Wall Street Journal June 06, 2017 02:26 UTC