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Alibaba founder Jack Ma reportedly under arrest of Chinese government


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New Delhi : Alibaba Group owner Jack Ma, one of the richest businessmen in China, has been reported by the Chinese media to be under the supervision of the Chinese government after being reported missing for the past two months. There is also speculation that Jack Ma has been arrested or placed under house arrest. China has a track record of not disclosing information about the arrests of celebrities, so ‘supervision’ could mean jail.

Hong Kong-based The Asia Times quoted People’s Daily, the mouthpiece of the Chinese Communist Party, as saying that he had been ordered not to leave the country. The People’s Daily also said in an excerpt from November that Ma cannot take Alibaba to such heights without Chinese government policies. Jack Ma has not appeared in any public event or TV show since November 2020, after which reports of his disappearance began to appear.

Alibaba Group owner Jack Ma, one of China’s richest businessmen, has been reported missing for the last two months. Jack Ma has not appeared in any public show for almost two months. According to media reports, Jack Ma criticized the speech given in October last year by Chinese financial regulators and state-run banks. After this criticism, he also had a dispute with Chinese President Xi Jinping and since this dispute, he has not been seen for almost two months.

Who is Jack Ma
Jack Ma is the founder of Alibaba, one of the largest IT companies in China. He once taught in a school and is now a billionaire businessman. Alibaba is one of the world’s largest e-commerce companies with millions of users. Alibaba’s turnover is also in the billions. Its three main websites are Taobao (Tmall) and Alibaba.com (Alibaba.com). Ant Group has created Alipay, a mobile payment system (mobile wallet) in China. The company has also invested in Paytm in India.

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