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Jack Ma on Holiday in Spain in First Trip Abroad: FT

Billionaire founder of Alibaba is taking a well-earned break after a year in which his e-commerce companies had to undergo major restructuring on the orders of Chinese regulators


Jack Ma is finally taking a break after a tough year battling regulators in Beijing. AFP file photo.

 

Jack Ma is holidaying in Spain, according to two people familiar with his travel plans, marking the Chinese internet tycoon’s first confirmed trip outside China since he upset the country’s financial regulators late last year, the Financial Times reported.

Before travelling to Europe, Ma had been in Hong Kong, where he has a home, according to one of the people familiar with his itinerary, as well as another person with knowledge of his movements, the story said. One of the people said Ma was spending time in Spain on his luxury yacht Zen in Port d’Andratx, Mallorca, according to the report.

Full story: The Financial Times.

 

 

Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years and has a family in Bangkok.

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