Good piece albeit disagree with the characterisation of payments; it is an ecosystem layer upon which services are built. What might the future hold? Forced interoperability...
As Alibaba and Tencent battle for supremacy in China, companies and consumers will be caught in the crossfire. “It’s a full-blown war.” "It's a world war." Plus why Jack Ma wasn't invited to a high-powered tech dinner. https://www.wsj.com/articles/tech-titans-wage-war-in-chinas-next-internet-revolution-1513853405 … via @WSJ
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Ultimately
#China itself will be beneficial of war. Competition is healthy for Economy. -
but destroy a lot of the SMEs in the battles.
End of conversation
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This war looks ugly. Hope that it will give opportunity for a rise of a big 3rd party that manages to take advantage of this war—let your enemies destroy each other.
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