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Jack Ma, founder of Chinese e-commerce firm Alibaba Group, attends a conference to commemorate the 40th anniversary of China s Reform and Opening Up policy at the Great Hall of the People in Beijing, Tuesday, Dec. 18, 2018.
Chinese billionaire and Alibaba founder Jack Ma s sudden disappearance has sparked controversy, with new reports emerging everyday. Now, a report with CNBC has stated Jack Ma may be laying low for the time being after his comments against China s government regulators. According to the report, sources have said Jack Ma is out of the public eye on purpose. Jack Ma is very likely in Hangzhou, which is home to the Alibaba headquarters, CNBC anchor David Faber, who spoke to a person familiar with the matter, said.