Jack Ma: Where is the billionaire founder of Alibaba, missing for the last two months? – Press

Jack ma china’s top Businessman’s absence in a TV show in which he was supposed to join as a judge remains a matter of discussion.

According to the news published in The Hindu, China’s top businessman Jack Ma has not seemed publicly in Shanghai since late October after a forum where he questioned China’s regulatory system in his speech.

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Because of this, Jack Ma faced the anger of the Chinese authorities and suspended the $ 37 billion IPO of his Ant Group Fintech arm.

According to a report published by The Financial Times on Friday, Jack Ma was named the judge for the final episode of the game show titled ‘Africa Business Heroes’ in November but was later replaced by someone else.

A spokesman for Alibaba told the news agency Reuters that the change was due to his schedule. He refused to reveal anything further in this matter.

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The news related to Jack Ma disappearance dominated on the Twitter. Although Twitter is banned in China. This news was also not an important trending topic in Main Land China, because sensitive subjects are under censorship there.

Chinese regulators have been critical of Jack Ma business since his speech in October and started an anti-trust investigation against Alibaba. Not only this, he also ordered to separate his main business of loan to Ant from its online payment division.

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According to Duncan Clarke, chairman of BDA China in Beijing, “I think they have been told to be a little bit suppressed.” This is a very unique situation, which is not only linked to ANT on a large scale but is also sensitive to financial regulations.