Where's Jack Ma? They Speculate on Social Networks about the Whereabouts of the Richest Man in China

Ma faced an appearance that resulted in the suspension of a $ 37 billion initial public offering by Ant Group, Alibaba's fintech arm.
Where's Jack Ma? They Speculate on Social Networks about the Whereabouts of the Richest Man in China
Image credit: YouTube/WEF

Entrepreneur's New Year’s Guide

Let the business resources in our guide inspire you and help you achieve your goals in 2021.
Entrepreneur Staff
1 min read
This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process.

The location of Alibaba founder Jack Ma has become a subject of speculation on social media due to his absence from public events such as the final episode of a television show in which he was to be a judge.

According to Reuters , the highest-profile businessman in China has not been seen publicly in two months, something that has raised suspicions as his growing business empire is in the midst of Chinese regulatory crackdown that includes the launch of an antitrust investigation. about Alibaba and an order to separate its loan business from its online payments division.

The last time Ma was seen publicly was in Shanghai in late October, where, ironically, he criticized China's regulatory system in a speech. He subsequently faced an appearance that resulted in the suspension of a $ 37 billion initial public offering from Ant Group, Alibaba's fintech arm.

It should be noted that speculation about Ma's disappearance from public view has been mostly on Twitter, a social network that is blocked in China.

More from Entrepreneur

Get heaping discounts to books you love delivered straight to your inbox. We’ll feature a different book each week and share exclusive deals you won’t find anywhere else.
Amplify your business knowledge and reach your full entrepreneurial potential with Entrepreneur Insider’s exclusive benefits. For just $5 per month, get access to premium content, webinars, an ad-free experience, and more! Plus, enjoy a FREE 1-year Entrepreneur magazine subscription.
Discover a better way to hire freelancers. From business to marketing, sales, finance, design, technology, and more, we have the freelancers you need to tackle your most important work and projects, on-demand.

Latest on Entrepreneur