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Friday, 24 March2023

Jack Ma “lying low” says Alibaba executive

Jack Ma “lying low” says Alibaba executive

<p>Alibaba&rsquo;s executive vice-chairman and co-founder Joe Tsai said that Jack Ma is lying low and focusing on personal hobbies and philanthropy. Since last year&#39;s criticism by Ma of China&#39;s regulatory system, he has been out of public view. Beijing enforced restructuring on the Ant group. In April Alibaba was charged with a $ 2.8bn fine for anti-competitive business practices. Jack Ma stepped down from Alibaba in 2019 but has had huge influence on investors.</p> <p>&nbsp;</p> <p><br /> &nbsp;</p>

Read full story at BBC
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