Jack Ma ‘missing’ amid China’s clampdown on his businesses
3 years, 11 months ago

Jack Ma ‘missing’ amid China’s clampdown on his businesses

The Hindu  

Alibaba founder Jack Ma’s absence from public view in the past two months, including missing the final episode of a TV show on which he was to appear as a judge, has fuelled social media speculation over his whereabouts amid a Chinese regulatory clampdown on his sprawling business empire. China’s highest-profile entrepreneur has not appeared in a public setting since a late October forum in Shanghai, where he blasted China’s regulatory system in a speech that put him on a collision course with officials, resulting in the suspension of a $37 billion IPO of Alibaba’s Ant Group fintech arm. While news coverage of Mr. Ma’s absence from public view triggered speculation on Twitter, which is blocked in China, it was not a significant trending topic on social media in mainland China, where sensitive topics are subject to censorship. Chinese regulators have zeroed in on Mr. Ma’s businesses since his October speech, including launching an antitrust probe into Alibaba and ordering Ant to separate its lending business from its online payments division.

History of this topic

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