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Jack Ma (Alibaba founder) missing

  • 04-01-2021 2:12pm
    #1
    Registered Users Posts: 81,223 ✭✭✭✭


    Ma has been in the spotlight recently as China has cracked down on his business empire. In late December, Chinese regulators launched an antitrust investigation into Alibaba, the country's biggest e-commerce company that some refer to as "the Amazon of China." And in November, China had introduced a series of new regulations that put a halt to what would have been the massive initial public offering of Ma's fintech company, Ant Group.

    The new rules came weeks after Ma criticized China's financial regulatory system at a conference in Shanghai in October. At the conference, Ma reportedly dismissed the global financial regulations used by China as "an old people's club" and said, "We can't use yesterday's methods to regulate the future."

    Ma, who has a net worth of $50.6 billion, was China's richest man until recently.

    https://www.msn.com/en-us/money/news/where-is-jack-ma-alibabas-billionaire-founder-is-reportedly-missing-following-chinas-crackdowns-on-his-companies/ar-BB1crWLm


Comments

  • Banned (with Prison Access) Posts: 142 ✭✭PearseCork92


    The reason Ma was stinking rich was that the CCP ensured the Chinese internet was a walled garden free from competition.

    As startlingly arrogant a lot of Bay Area and Silicon Valley tech billionaires are, at least their businesses were built in the white-hot heat of open competition and innovation. Jack Ma copied and pasted much of his business models from elsewhere, and happened to be the first Chinese person to do so under the protective umbrella of the party's paranoia about foreign internet domination.

    He bit the hand that feeds criticizing the CCP.


  • Registered Users Posts: 19,018 ✭✭✭✭Donald Trump


    #notmyma


  • Registered Users Posts: 3,411 ✭✭✭griffdaddy


    He's sitting in a container in An Post. He'll show up in about 6 weeks in the normal post.


  • Registered Users Posts: 12,193 ✭✭✭✭TheValeyard


    Probably just undergoing some friendly re-education.

    Fcuk Putin. Glory to Ukraine!



  • Registered Users Posts: 15,511 ✭✭✭✭AMKC
    Ms


    First time I ever heard of him and he is missing. What will happen to Alibaba do that is the big question?

    Live long and Prosper

    Peace and long life.



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  • Posts: 0 [Deleted User]


    He'll turn up in about 8 weeks.


    (Hope he turns up)


  • Registered Users Posts: 4,376 ✭✭✭KevRossi


    I think he's living in a container buried up near Ballinamore.


  • Registered Users Posts: 19,018 ✭✭✭✭Donald Trump


    Might be hiding out over in Chinatown on Craggy Island


  • Registered Users Posts: 1,326 ✭✭✭nigeldaniel


    Red Square in China is a strange place. One minute they loov you and the next you are Darth Vader. It sets a tone that others in Business will be taking increasing note off.

    Dan.



  • Registered Users Posts: 81,223 ✭✭✭✭biko


    If the regime will go after the richest man in China then no-one can be safe.

    Maybe he's in an interrogation chair https://www.youtube.com/watch?v=rbTXb6bEMfI


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  • Banned (with Prison Access) Posts: 193 ✭✭Hellotonever


    He's gone hoss. Shouldn't have badmouthed the chairman.


  • Registered Users Posts: 715 ✭✭✭drogon.


    Ah the US news site do like their speculations, he is probably fine. Recall the number of times, they reported that rocket man was missing and presumed dead, and the sister was in charge.


  • Registered Users Posts: 9,252 ✭✭✭FTA69


    Wouldn’t it be great if we could do the same to the likes of Jeff Bezos?


  • Registered Users Posts: 715 ✭✭✭drogon.


    FTA69 wrote: »
    Wouldn’t it be great if we could do the same to the likes of Jeff Bezos?

    You think Trump never enquired if this was possible ?


  • Registered Users Posts: 40,102 ✭✭✭✭ohnonotgmail


    Not the first high profile chinese businessman to go missing after criticising the chinese government.


  • Registered Users Posts: 81,223 ✭✭✭✭biko


    Jack Ma dead rumours quashed as missing Chinese billionaire makes first appearance since criticising regime

    Ma, who was reported to be worth at least £35bn, appeared today in an online video, in which he addressed teachers working in rural China.

    His 50-second speech, which was part of an awards ceremony organised by his charity, featured Ma speaking from a room with grey walls, a large painting and floral arrangements.

    It was not clear where the room was.


    https://www.thesun.ie/news/6440907/jack-ma-missing-billionaire-criticising-regime-disappearance-video/



  • Registered Users Posts: 19,802 ✭✭✭✭suicide_circus


    He bit the hand that fed him


  • Registered Users Posts: 81,223 ✭✭✭✭biko


    Jack Ma’s private jet records show billionaire is down but not out
    https://www.ft.com/content/784fb680-3e58-4c7a-a375-2f78fad52c64



    Alibaba’s Web Browser Is Removed From Chinese App Stores
    https://www.bloomberg.com/news/articles/2021-03-17/alibaba-s-web-browser-pulled-from-app-stores-after-cctv-rebuke


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