Source of True Trending Pinoy News

Monday, January 4, 2021

Jack Ma’s sudden loss to the public has garnered a variety of speculations

Jack Ma
Jack Ma’s sudden public disappearance has garnered mixed speculation

For almost two months without appearing to the public Alibaba founder Jack Ma has garnered various speculations

This is despite the Chinese regulatory clampdown of some of his business empires.

The alleged disappearance of China’s highest-profile entrepreneur began in October at a forum held in Shanghai.

Ma blamed the country’s regulatory system which caused some Chinese officials to get into trouble.

Ma’s statement resulted in the suspension of the P37 billion IPO of Alibaba’s Ant Group fintech arm.

It also did not appear in the last episode of a game show in November for entrepreneurs where he was one of the jurors.

Some predict that it will lay low first to recover its businesses that were allegedly targeted by the Chinese government.

The post Jack Ma’s sudden loss to the public has garnered a variety of speculations appeared first on VIVA FILIPINAS.


Source: Viva Pilipinas

No comments:

Post a Comment