After many speculations that Jack Ma has gone missing, we now have some good news. According to latest reports, he’s not missing. He’s just staying low and maintaining a low profile after his fallout with the Chinese authorities which happened because he publicly criticized china’s banks as “Pawnshops”.
But this doesn’t mean that his troubles have gone. Even now the authorities are looking into the matter and are investigating his empire after they stopped the IPO of ANT Group which was supposed to generate $35 billion. If it happened, then it would have been the biggest IPO in the history of humanity.
He is very likely in Hangzhou, where the headquarters of Alibaba is. As of now, he’s no longer involved with the management of Alibaba. He is being less visible purposefully and you can expect that this will continue to be the case for some time.
This is not good news for Ma by any means but certainly better news as he’s not captured, kidnapped or taken hostage by anyone. We all will have to wait for what happens with him and his big empire.
No one is sure but one thing is sure that the Chinese authorities won’t be easy on him as they get their orders from the president Xi Jinping himself and he’s that crazy person you shouldn’t wanna mess with.