Alibaba Chairperson Jack Ma is facing scrutiny by the Government of China. He should not appear in public for next few weeks.
As per Business Insider , Jack Ma was scheduled to appear for the filming of his own talent show, Africa’s Business Heroes but was instead replaced by another Alibaba executive. The Chinese e-commerce giant told Financial Times that Ma couldn’t appear on the show due to conflict in schedules.
Now Jack Ma’s whereabouts have come under questioning at a time.
The issue started when Alibaba and Ant Group’s $34 billion IPO was suspended by Shanghai Stock Exchange. The IPO was halted in China with less than 48 hours to go.