No, Jack Ma Was Not Arrested On National Security
Jack Ma set the Internet into chaos after he disappeared for quite some time, which made people believe that he was arrested on national security.
He didn't return to the public eye until late January. There were rumors that he had been placed under home arrest or otherwise incarcerated in the interim.
There are rumors circulating that founder Jack Ma has been arrested in China
— Market Rebellion
The outspoken billionaire mysteriously vanished in November 2020, on the verge of another commercial success.
Alibaba, Ma's company, has grown from a small online store run out of his apartment to one of the world's most significant tech conglomerates.
With services like online shopping, cloud computing, and artificial intelligence, it now has approximately 800 million users. The software mogul is known for his outgoing personality and publicity stunts.
GT's Hu Xijin Denies The Jack Ma Arrest Reports
Rumors have spread across the web after Jack Ma was not in the spotlight for a few months, but GT's Hu Xijin denied all the stories.
Ma made last public appearance was on October 24 in Shanghai. He delivered a speech in which he was openly critical of China's financial industry.
Chinese netizens have been assuming whether Jack Ma was arrested after reading a report by CCTV claiming someone surnamed Ma charged with national security crimes.
— Wing Kuang
But GT’s Hu Xijin has denied it, saying it’s not Jack Ma.
Authorities responded a few days later. The Ant IPO was canceled, and Ma was summoned to Beijing for "regulatory interviews." And then the curtain was drawn back.
Since October, according to Forbes, there have been only six "reports" of Jack Ma's activities, all of which are unusual, suspiciously imprecise, and indirect.
What Happened To The Famous Business Tycoon Jack Ma?
A lot of top news sites and channels have taken an interest in the disappearance of Jack Ma, so he is trending on the web.
Bloomberg News reported on Tuesday that Chinese authorities had placed an individual with the last name Ma under "compulsory limitations" in Hangzhou, citing state broadcaster CCTV.
According to the article, the person was placed under "curbs" on April 25 after being suspected of instigating subversion of state power and other crimes that jeopardized national security.
This has made people wonder if the famous business tycoon has been arrested or detained in his home.
Also read: Is Google Cloud Sales Chief Rob Enslin Leaving Company For UiPath?
Where Is Jack Ma Now After His Arrest Rumors?
According to a Forbes report, three months after he vanished, he was seen for the first time.
Ma is claimed to have driven "hours into the countryside" with a government film team to an undisclosed location to make a "reappearance video," later posted on the government news agency's website.
阿里巴巴马云被逮捕了?? 罪名是颠覆共产党政权
— 疯狂de林子 wild world
--哈哈,不知道真假. 俺个人希望是真的
Alibaba's Jack Ma Arrested?? Charged with Subversion of the Communist Party
-Haha, I don't know if it's true or not. I personally hope it's true
He showed up completely unannounced at a small, out-of-the-way elementary school in rural Tonglu. The playgrounds were deserted, and there were only a few teachers on campus.
Jack was visiting the school to film a short, politically safe video to show the public that he was still alive and well. The presentation, however, was meticulously staged, and teachers clamoring for photographs with Ma were turned away."