Alibaba's Ma Says Data Resource Is Oil, Water of the Future

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  • Startup incubator partnership formed with Foxconn Technology
  • Public cloud solution unveiled to protect data communications

Jack Ma, chairman of Alibaba Group Holding Ltd.

Photographer: SeongJoon Cho/Bloomberg

Alibaba Group Holding Ltd.’s bet on data technology is driving greater investment in areas including ways to protect user privacy as it battles Inc. for customers globally.

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