Alibaba founder Ma spotted in Mallorca in rare trip abroad after China scrutiny


Jack Ma is pictured in Santa Ponsa, on the island of Mallorca on October 20, 2021. - AFP

MALLORCA, Spain (Reuters): Alibaba Group founder Jack Ma was on the Spanish island of Mallorca where his luxury yacht is anchored, two Spanish newspapers said on Wednesday (Oct 20), on his first trip abroad since he fell out with China's regulators in 2020.

The Chinese billionaire has largely been out of public view since he publicly criticised China's regulatory system in a speech last year. His empire promptly came under heavy scrutiny by regulators, that even led to the suspension of Ant Group's US$37 billion blockbuster IPO.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

China , Jack Ma , Spain , Mallorca

   

Next In Aseanplus News

S. Korean woman loses US$51k to scam involving deepfake of Elon Musk
Ringgit rebounds on softer US$ after PMI data
KLIA shooting: Gunman claims trial to seven charges
Malaysia to roll out QR code immigration system for factory workers commuting to Singapore
International system on brink of collapse, says Amnesty report
Over 100,000 people evacuated
Figurehead VP steps down
Murder suspect was self-proclaimed financial ‘expert’
Five killed by unexploded ordnance over the weekend
Grass fire engulfs 19 vehicles at airport

Others Also Read