Chinese billionaires clash over Alibaba’s parcel deliveries


HONG KONG: China’s wealthiest man, Jack Ma, has locked horns with the country’s fourth-richest in an escalating dispute over the lucrative business of shipping Alibaba’s parcels to millions of shoppers nationwide.

Billionaire Wang Wei’s SF Holding Co has accused Alibaba Group Holding Ltd’s delivery affiliate in an exchange filing of removing the company as a shipping option and blocking access to vital data.

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