Advertisement
Tuesday, Sep 28, 2021
Outlook.com
Outlook.com

Where Is Jack Ma? Alibaba Founder Suspected To Be Missing

The high-profile businessman has had no physical or virtual presence in over two months, according to reports

Where Is Jack Ma? Alibaba Founder Suspected To Be Missing
Alibaba founder Jack Ma | PTI
Where Is Jack Ma? Alibaba Founder Suspected To Be Missing
outlookindia.com
2021-01-04T14:27:16+05:30

Speculations are rife about Chinese billionaire Jack Ma's whereabouts. The Alibaba billionaire has reportedly not made a public appearance in more than two months.

Ma’s last tweet was on 10 October last year.

The businessman was scheduled to appear in the final episode of self-owned talent show Africa's Business Heroes. But he was replaced by an Alibaba executive in the November final, as per reports by The Telegraph UK.

An Alibaba spokesperson said Ma was unable to take part on the judging panel “due to a schedule conflict”, according to reports.

His business empire, Ant Group, has been under Beijing's radar. Ma had delivered a speed on 24 October that was critical of China's bureaucratic system, which stifled innovation and equated banking regulations to an "old people's club". 

The scrutiny of Ant Group and Alibaba comes as China closely examines the influence of the country's internet sector.

Last month, China released draft regulations to clamp down on anti-competitive practices in the industry, such as signing exclusive agreements with merchants and the use of subsidies to squeeze out competitors.

The billionaire's philanthropy work, under the banner of the Jack Ma Foundation, focus on areas of education, entrepreneurship, female leadership, and the environment.

The Foundation has distributed or pledged more than the US $300 million, according to Forbes.

Advertisement

Outlook Newsletters

Advertisement

Read More from Outlook

Crude Shock Awaits Centre’s Economic Planning Ahead Of Key State Elections In 2022

Crude Shock Awaits Centre’s Economic Planning Ahead Of Key State Elections In 2022

Goldman Sachs has raised its forecast for Brent crude oil prices to $90 per barrel from $80 by year-end. The forecast has been revised due to faster fuel demand recovery in the global economy.

'No Shave': Taliban's Diktat To Barbers In Afghanistan Province

'No Shave': Taliban's Diktat To Barbers In Afghanistan Province

The order in Helmand province was issued by the provincial Taliban government's vice and virtue department to barbers in Lashkar Gah.

Sanju Samson Blames Poor Strike Rate For RR Loss Vs SRH

Sanju Samson Blames Poor Strike Rate For RR Loss Vs SRH

Sanju Samson said Rajasthan Royals were 10-20 runs short since no boundaries were scored off the last 17 balls versus Sunrisers Hyderabad in an IPL 2021 match in Dubai.

Farmers Claim Pan India Support To Bharat Bandh

Farmers Claim Pan India Support To Bharat Bandh

Belying government claims, the farmers' support base has been expanding given the support from larger number of people from all walks of life and of all ages.

Advertisement