Jack Ma, the billionaire founder of Alibaba who disappeared from public view in 2020, appears to resurface in Thailand as he prepares to give up control of his company
While Ma doesn't have an executive role or sit on Ant's board, he maintained influence through a separate entity he controlled. The changes announced on Saturday are the latest in a sweeping overhaul at the behest of Chinese authorities.
Ma has maintained a very low profile since his run-in with authorities. The Financial Times suggested in November thatSome think the move could revive hopes of floating Any, , but Chinese regulations that require a pause on listings following a change in control may delay such a move by at least a year.Subscribe to push notifications
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