×
1 154
Fashion Jobs
L'OREAL GROUP
Demand Planner
CDI · Montreal
FOOT LOCKER
Overnight Operations Manager
CDI · Mississauga
FOOT LOCKER
Overnight Assistant Operations Manager
CDI · Mississauga
FOOT LOCKER
Overnight Assistant Operations Manager
CDI · Toronto
FOOT LOCKER
Overnight Assistant Operations Manager
CDI · Brampton
FOOT LOCKER
Overnight Operations Manager
CDI · Vaughan
FOOT LOCKER
Overnight Assistant Operations Manager
CDI · Vaughan
TJX CORPORATE
HR Business Partner, Distribution Center, American Drive Shift c
CDI · Mississauga
TJX CORPORATE
HR Business Partner, Distribution Center, Torbram Shift c
CDI · Brampton
WINNERS
ds Operations Training Manager
CDI · Mississauga
TJX CORPORATE
HR Business Partner, Distribution Center West dr Shift b
CDI · Brampton
TJX CORPORATE
HR Business Partner, Distribution Center Torbram Shift b
CDI · Brampton
TJX CORPORATE
HR Business Partner, Distribution Center American Drive Shift b
CDI · Mississauga
TJX CORPORATE
HR Business Partner, Distribution Center West dr Shift c
CDI · Brampton
NORDSTROM
Asset Protection - Agent - Sherway Gardens
CDI · Toronto
NORDSTROM CANADA RETAIL INC
Security Ambassador Yorkdale
CDI · Toronto
NORDSTROM CANADA RETAIL INC
Asset Protection Assistant Department Manager - Pacific Centre
CDI · Vancouver
NORDSTROM CANADA RETAIL INC
Security Ambassador 1
CDI · Langley
ESTÉE LAUDER
Marketing Manager, Estee Lauder Brand
CDI · Toronto
EDITIONS DE PARFUMS FREDERIC MALLE
Business Manager - 37.5 Hrs - Frederic Malle/Killian Paris - Montreal, qc
CDI · Montreal
L'OREAL GROUP
E-Commerce Specialist
CDI · Montreal
L'OREAL GROUP
Medical Sales Representative
CDI · Toronto
By
Reuters
Published
Jan 4, 2021
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Jack Ma's disappearing act fuels speculation about billionaire's whereabouts

By
Reuters
Published
Jan 4, 2021

Alibaba founder Jack Ma’s absence from public view in the past two months, including missing the final episode of a TV show on which he was to appear as a judge, has fueled social media speculation over his whereabouts amid a Chinese regulatory clampdown on his sprawling business empire.


Jack Ma - Reuters Archives/Charles Platiau



China’s highest-profile entrepreneur has not appeared in a public setting since a late October forum in Shanghai where he blasted China’s regulatory system in a speech that put him on a collision course with officials, resulting in the suspension of a $37 billion IPO of Alibaba’s Ant Group fintech arm.

The Financial Times reported on Friday that Ma was replaced as a judge in the final episode in November of a game show for entrepreneurs called Africa’s Business Heroes.

An Alibaba spokeswoman told Reuters on Monday that the change was due to a scheduling conflict, declining further comment.

While news coverage of Ma’s absence from public view triggered speculation on Twitter, which is blocked in China, it was not a significant trending topic on social media in mainland China, where sensitive topics are subject to censorship.

Chinese regulators have zeroed in on Ma’s businesses since his October speech including launching an antitrust probe into Alibaba and ordering Ant to shake up its lending and other consumer finance businesses including the creation of a separate holding company to meet capital requirements.

“I think he’s been told to lay low,” said Duncan Clark, chairman of Beijing-based tech consultancy BDA China. “This is a pretty unique situation, more linked to the sheer scale of Ant and the sensitivities over financial regulation,” he said.

Alibaba’s Hong Kong-listed shares fell 2.15% on Monday.

© Thomson Reuters 2021 All rights reserved.