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Ma vs. Ma: A clash of Chinese titans

Jack Ma and Pony Ma speaking at a conference
Jack Ma of Alibaba and Pony Ma at Tencent speaking about their successes at a conference. Photo: VCG/Getty Images

"Jack Ma of Alibaba and Pony Ma of Tencent built tech empires that dominate China’s digital economy. Is the world big enough for both of them?"— FORTUNE's Adam Lashinsky writes.

The state of play: "[A]s they’ve grown, each inevitably has begun to encroach on the other’s turf. Tencent ... is investing in retail and financial services, sectors that are Alibaba’s strength. Alibaba in turn sees an opening in Tencent’s domain, particularly by offering mobile-messaging tools."