Alibaba co-founder Jack Ma arrives in Pakistan

ISLAMABAD: Jack Ma, the co-founder of Alibaba, has arrived in Pakistan after completing his recent visit to Kathmandu, Nepal.

Ma reportedly flew into Pakistan on a chartered aircraft provided by Hong Kong Business Aviation on Thursday.

He arrived in Kathmandu on a Tuesday in the late afternoon, and he spent his stay at the Dwarika Hotel. He travelled around Kathmandu during his stay, visiting places like Thamel, the Bhaktapur Durbar Square, and the Kalimati vegetable market.

Muhammad Azfar Ahsan, the former state minister of and chairman of the Board of Investment (BOI), revealed in a tweet that Jack Ma “is actually in Lahore on purely a private visit.”

He added that even the China Embassy is not aware of the details of his visit and engagements in Pakistan.

He is accompanied by a group of seven people who went to Pakistan with him, including one American and five Chinese nationals.

Chinese business tycoon, financier, and philanthropist Jack Ma Yun is the co-founder of Alibaba Group, a global conglomerate of technology companies.

Additionally, Yunfeng Capital, a Chinese private equity firm, was co-founded by Ma.

Ma is the most well-known Chinese billionaire to vanish during a crackdown on tech entrepreneurs. The South China Morning Post reported that he just recently arrived back in China after spending more than a year abroad.

 

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