…ld and 180 degrees from life in Hong Kong, where I was lucky enough to have spent the previous year expanding my mind, working as an analyst for the Greater Asian Hedge Fund. This wasn’t just any global macro hedge fund. The fund manager bucked obvious trends and was a deeply skeptical, extremely wealthy ex…
Transactions first — Alibaba exploited its position as an intermediary in online transactions to build out AliPay as a juggernaut with over 800 million accounts and a slew of financial services. In parallel, to own a larger chunk of users’ online time, Alibaba expanded into con…