Fly Charts: Whiskey Vs. Coke, Private Equity's Equality Incentive
Good morning! This is Fly Charts, the daily charts-only newsletter from Gadfly; sign up here. From oil's tech appetite to shaky Amazon friendships, here are four charts that tell you what you need to know in business today.
And don't miss Tim Culpan on the underrated success of China's tech companies: "Witness the overuse of descriptive cliches -- X, the Netflix of China; Y, the Amazon.com of China; Z, the blah, blah of China. It's as if observers just can't give credit where credit is due. Alibaba Group Holding Ltd. shouldn't be known as anything but the Alibaba of China. Same goes for Tencent Holdings Ltd. At 55 percent (for Alibaba) and 51 percent (for Tencent), the duo's average revenue growth rates over the past eight quarters are almost double that of Amazon.com Inc. There's not much either company has copied from an overseas counterpart."
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