Chinese billionaire Jack Ma missing
Chinese billionaire Jack Ma has been missing in action. The Alibaba founder has reportedly not been seen in public since October, the same time when he condemned at the ruling Communist regime in China.
OTHER REASONS THAT PROVES HIS DISAPPEARANCE
Speculation peaked recently after the 56-year-old founder also failed to appear in the final episode of his own talent show, ‘Africa’s Business Heroes’. The show is aimed at giving budding African entrepreneurs a space to compete for a US $1.5 million prize.
He was replaced as a judge in the show’s finale, and his picture was also removed from the webpage. It also added that a promotional video, sans Ma, was aired.
Want to host your website on an extremely reliable hosting network?EARTHLYPSEAKS
look no further than Bluehost, it has a 99.99% downtime which ensures your website loads every single time, and with 24/7 support and and absolutely free domain name for one year it is a deal to steal. And the best part is it only starts at 199/ per month! Since you’ve made up your mind you can go on to https://bluehost.sjv.io/NAXAK and get started straight away!
Ma was apparently replaced by an Alibaba executive in the November final. Alibaba spokesperson as saying that Ma was unable to take part on the judging panel “due to a schedule conflict”.
Ma, on Twitter, last posted on the micro-blogging platform on October 10. In his tweet, he spoke of his partnership with the Duke and Duchess of Cambridge – Prince William and Kate – and their association with the Earthshot Prize that fetes climate change warriors.
Ma’s fintech venture, Ant Group, has come under scrutiny by Beijing ever since he delivered a controversial speech in Shanghai on October 24. In his speech, he had criticized China’s regulation system for curbing innovation and compared global banking rules to an “old people’s club”.
In December, China’s top market watchdog began investigation into alleged anti-competition practices by Alibaba. Local media also reported that the country has now laid out ‘rectification plan for his fintech venture Ant Group.
According to a report in TechCrunch, the People’s Bank of China, the country’s central bank, “summoned Ant Group for regulatory talks on December 26th, announcing a sweeping plan for the fintech firm to ‘rectify’ its regulatory violations”.
HAPPY NEW YEAR FROM THE EARTHLYPSEAKS TEAM.
READ ANOTHER STORY ABOUT Who will get the vaccine first?
Want To Make A Change? Let’s Start With Promoting Informed and Unbiased Journalism, Start With Sharing This With All of Your Friends and Family, One Voice Cant Reach the Authorities, But Millions of Voices, CAN!
Penned by Simran Oswal, at Earthlyspeaks
For More News and Entertainment Head on to– earthlyspeaks