TOKYO: Alibaba founder Jack Ma Has been living in Tokyo Fast six months after Following the disappearance of public view China’s crackdown The Financial Times reported Wednesday on the tech sector and cited multiple unnamed sources.
The billionaire has kept a low profile ever since. crackdown, which included Chinese regulators rescinding IPO of Ma’s Ant Group Issue Alibaba With record fines
The FT reported that he had spent most of his time with his family over the past six months. in Tokyo and other areas of Japan JapanAlong with visits from Israel and the United States,
According to a British newspaper, Ma He has been to several private members clubs. in Tokyo and Tokyo become “enthusiastic collector” he is also interested in expanding his business interests to sustainability.
Ma Since he disappeared, he has been seen elsewhere. in ChinaThis includes on the Spanish island of Mallorca Last year.
Chinese officials have been taking aim lately at anti-competitive practices by some the country’s largest names. They are motivated by fears that big internet companies control too much data and grow too fast.
According to a report, this July, Ma Ant Group was to be handed over to Chinese regulators to ease their concerns and to revive the initial public offering of the digital payments unit.
His ecommerce company is a giant Alibaba Reports indicate flat revenue growth in August is the first month of August China We fought an economic slowdown, and we resurgent Covid-19 patients.
US authorities placed the company’s name on a watchlist. This could result in it being removed from the US stock exchange. in New York shares will plummet if it fails to comply with disclosure orders