security

Jack Ma not seen: Timeline of rise and fall with China government – Business Insider – Business Insider


  • Chinese billionaire Jack Ma has not been seen in public since October.
  • Ma, who founded Alibaba and Ant Group, clashed with Chinese regulators, who cracked down on his companies after he criticized China’s financial regulatory system.
  • He was replaced on the final of a TV show where he was due to appear as a judge, with a spokesperson blaming scheduling issues.
  • CNBC reported that a source said that Ma was deliberately lying low, and was not missing.
  • Visit Business Insider’s homepage for more stories.

Jack Ma, the Chinese billionaire who founded Alibaba and Ant Group, has not been seen in public for more than two months.

Ma became the richest man in China through his highly successful companies, as well as a well-known face across China and in the global business world.

But China had recently begun to crack down on his empire, launching an investigation into Alibaba, the e-commerce giant, and halting the IPO of Ant Group, his fintech company.

Ma now hasn’t been seen in public since October. CNBC reported on Tuesday that a source said that Ma was deliberately lying low, and was not missing.

Here’s a timeline of Ma’s rise and fall.



READ SOURCE

Read More   ‘Occupy Edison Mall’ demonstrators gather in Fort Myers - NBC2 News

Leave a Reply

This website uses cookies. By continuing to use this site, you accept our use of cookies.