Jack Ma Goes Abroad for First Time After Alibaba Crackdown
- Billionaire had kept a low profile as Beijing cracked down
- Alibaba shares have rallied as investors bet worst is over
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Jack Ma, the co-founder of Alibaba Group Holding Ltd., is traveling to Europe for the first time since a bruising government crackdown on his tech empire, according to Hong Kong media reports.
The 57-year-old billionaire is in Spain after a stop in Hong Kong, according to a report in the Alibaba-owned South China Morning Post. Ma is abroad for a series of business meetings, including a tour of the agricultural industry and environmental technology in Spain, the paper said.