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Alibaba co-founder and billionaire Jack Ma makes first public appearance after months, here's the BIG update


Alibaba co-founder and billionaire Jack Ma makes first public appearance after months, here s the BIG update
The speculations over Jack Ma s whereabouts intensified few days ago after it was reported that he was arrested .
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Updated: Jan 20, 2021, 12:08 PM IST
Alibaba Group CEO and Chinese billionaire Jack Ma made his first public appearance since October via a live video meeting on Wednesday (January 20). 
The speculations over Jack Ma s whereabouts intensified few days ago after it was reported that he was arrested and that s why he failed to attend final episode of a TV show featuring him as a judge. It is to be noted that Jack Ma is facing a regulatory clampdown by Chinese authorities on his business empire. ....

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Chinese billionaire and Alibaba co-founder Jack Ma missing or arrested, here's big update


Highlights
Some new reports claimed that Jack Ma is embracing supervision .
It is reported that Jack Ma is either arrested or placed under house arrest by Chinese authorities
After media reports that Chinese billionaire and Alibaba co-founder Jack Ma has been missing for over two months now, some new reports claimed that Jack Ma is embracing supervision . The reports have sparked speculations that Jack Ma is either arrested or placed under house arrest by Chinese authorities. It is to be noted that China is infamous for not providing information on arrests of high-profile people and some experts are of the view that embracing supervision could well mean jail for Jack Ma. ....

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As China intensifies crackdown, Jack Ma's Alibaba starts scaling down businesses


As China intensifies crackdown, Jack Ma s Alibaba starts scaling down businesses
Decision to stop Xiami Music service comes days after Ma s Alibaba group announced to fold its financial operations as Chinese regulators stepped up crackdown on Jack Ma s financial technology empire
BusinessToday.In | January 6, 2021 | Updated 11:50 IST
Chinese billionaire and Alibaba co-founder Jack Ma
Chinese billionaire Jack Ma s company Alibaba has decided to shut down its music streaming platform, Xiami Music, from February, indicating the company s plan to stay away from Chinese entertainment industry. The music app was started in 2013 and the company had pumped in millions to make it competitive. ....

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