Alibaba founder Jack Ma is reportedly not missing and has been laying low amid China’s crackdown on his businesses

alibaba jack ma
Jack Ma in 2018. Valery SharifulinTASS via Getty Images
  • Alibaba and Ant Group founder Jack Ma is not missing as was speculated, according to CNBC reporter David Faber.

  • Faber said Tuesday that Ma hasn’t been “captured” or “taken,” but is instead being less visible on purpose and is likely in Hangzhou, where Alibaba is based, according to a source.

  • Yahoo Finance earlier reported Ma to have been missing since China yanked Ant’s monster would-be $37 billion IPO in early November.

  • The Chinese billionaire publicly snubbed the nation’s financial regulatory system, prompted China to dig into Ant’s financials, set new lending