Alibaba founder Jack Ma living in Japan

Alibaba founder Jack Ma
16:13 JST, December 1, 2022
SHANGHAI (Jiji Press) — Jack Ma, the founder of Chinese e-commerce giant Alibaba Group Holdings Ltd., has been living in the heart of Tokyo for about six months, the Financial Times reported in its online edition Tuesday.
The Chinese government stepped up pressure on Alibaba after Ma reportedly made a remark critical of the government at an event in October 2020.
His public presence has diminished since then.
Quoting people familiar with the whereabouts of Ma, the Financial Times report said that the billionaire is staying in Tokyo with his family and that he has visited hot spring and ski resorts in Japan and traveled to the United States and Israel regularly.
He keeps a low profile in Tokyo by working mainly at members-only clubs in the Ginza upscale district and the Marunouchi business district in Tokyo, the report said.
"Business" POPULAR ARTICLE
-
Rice Prices Rise for 15th Straight Week, with Releases of Stockpiled Rice Slow to Circulate
-
U.S. Tariffs to Deal Serious Blow to Asia’s Emerging Economies; Firms with Production Bases in Southeast Asia May Be Forced to Restructure
-
Groundbreaking Ceremony Held for Japan’s 1st Casino Resort; Site Set to Open in Fall of 2030
-
Stock Prices Swing: Red and Blue Change Places Daily in Tokyo
-
Trump Aims to ‘Shock and Awe’ with Tariff Policy; Japanese Business Leader Examines U.S. Moves
JN ACCESS RANKING