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#32 Alibaba: The House That Jack Ma Built
Founders
The Final Edge in the Iron Triangle Is Finance
Alibaba is now reading up on the internet industry in China, there seems to be a duopoly between Alibaba and Tencent. The final edge in the iron triangle is finance. In financial services, Alibaba's most important asset is Alipay, its answer to PayPal. It's almost like it's turning into like a virtual wallet and a bank.
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