Where is Jack Ma? Tech tycoon silent as China gets tough with his business

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Chinese billionaire entrepreneur Jack Ma hasn’t been heard from since October, just before his internet empire was investigated by Chinese authorities. 9News

Mr Ma has kept a lower profile within China for some time now, said Duncan Clark, author of "Alibaba: The House that Jack Ma Built" and founder of investment advisory firm BDA China. He added that Beijing wants its narrative about the Ant Group IPO to dominate the public conversation — and that the company likely knows that it won't help to have any "diversity of opinion" on the issue.

He has also frequently made public appearances to talk about his philanthropic work, which he made a major focus after retiring from Alibaba. His most recent post on Chinese social media platform Weibo, dated October 17, for example, featured remarks he made at an education forum in China. Mr Ma has also been a high-profile speaker at major international events such as the World Economic Forum.

Days later, Chinese regulators summoned Mr Ma and Ant Group executives to conduct what authorities called "regulatory interviews," and the IPO was pulled. Oanda market analyst Jeffrey Halley wrote at the time that the comments "clearly didn't resonate in the halls of power in Beijing." While Mr Ma has been out of the spotlight, his companies have made clear that they are listening to Beijing. Ant said last week that it appreciated "guidance and help" from regulators after Beijing spoke publicly about its requirements for the company. And Alibaba pledged in late December to "actively cooperate" with antitrust investigators.

 

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All the best Jack.

Currently being re-educated

Guess he didn't grease the right peoples wheels

Must be self quarantining permanently

Probably won’t be seen again...😳

And all the countless penniless Chinese that are disappeared to be re-educated, enslaved into forced labour or worse. All lives are equal.

Guess we can kiss him goodbye . .

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