Where is Jack Ma? That's what everyone's wondering about the Alibaba founder and China's high-profile entrepreneur. He has not been seen in public, or clicked or posted anything on social media since late October 2020. So, what's happened to Daddy Ma? This development happens at a time when Chinese authorities are examining and perhaps even cracking down on big internet companies in the country- that have hundreds of millions of users and wield enormous power. It also comes a few months after Jack Ma at a public forum, blasted China's regulatory system in a speech- that regulators saw as attacking the regime.
After that, his company- The Ant Group's IPO, worth $37 Billion or initial public offering was blocked.
Chinese authorities then even launched a probe into Ma's Alibaba Group- the biggest e-commerce brand that is gaining influence in almost every aspect of daily life in China and even ordered his ANT Group to overhaul operations. Here's the full story.
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After that, his company- The Ant Group's IPO, worth $37 Billion or initial public offering was blocked.
Chinese authorities then even launched a probe into Ma's Alibaba Group- the biggest e-commerce brand that is gaining influence in almost every aspect of daily life in China and even ordered his ANT Group to overhaul operations. Here's the full story.
Also visit our website - https://www.gadgettimes.in/
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