Where did Alibaba founder Jack Ma disappear for three months?

Jack Ma was on the verge of becoming the richest man in China, but suddenly disappeared after another commercial success in November 2020.

His company Alibaba started as an online store from his apartment and then became one of the world’s largest tech companies. Today, about 800 million people are using this service. His company’s services include online shopping, cloud computing and artificial intelligence.

On October 24, Ant Group was ready to launch the world’s largest IPO on the Shanghai Stock Exchange. Earlier, Jack Ma delivered a controversial speech at a high-profile event criticizing the Chinese financial system. He then disappeared from public view again until mid-January. Meanwhile, rumors have been circulating that he may be under house arrest or has been imprisoned. Jack Ma and his close associates were soon summoned by regulators. Shares of his brick group were barred from selling in the market. Jack Ma was nowhere to be seen after the meeting. Some even questioned whether Jack Ma was still alive. He didn’t reveal themselves in public and it was definitely the best thing they could do.

The Chinese government is currently reviewing its approach to regulating major technology companies and an investigation has been launched into the monopoly in Alibaba.