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    Home » Jack Ma living in Japan after China tech crackdown: Report

    Jack Ma living in Japan after China tech crackdown: Report

    November 30, 20221 Min Read Asia
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    WHERE IS JACK MA?

    Ma has been spotted elsewhere since he effectively disappeared from public view in China, including on the Spanish island of Mallorca last year.

    In recent years, Chinese officials have taken aim at alleged anti-competitive practices by some of the country’s biggest names, driven by fears that major Internet firms control too much data and expanded too quickly.

    This July, a report said Ma planned to hand over control of Ant Group to appease Chinese regulators and revive the digital payments unit’s initial public offering.

    His e-commerce giant Alibaba reported flat revenue growth in August for the first time, as China battled an economic slowdown and resurgent COVID-19 cases.

    US authorities have put the company on a watchlist that could see it delisted in New York if it does not comply with disclosure orders, causing its shares to slump.

    Alibaba Group Ant Group China Jack Ma Japan
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