Alibaba Co-Founder jack Ma’s Unanticipated Pakistan Visit Creates Stir

NEW DELHI: According to reports, Jack Ma, a Chinese billionaire and co-founder of the Alibaba Group, caused a spaculation when he unexpectedly visited Pakistan. Ma landed in Lahore on June 29 and stayed there for 23 hours, according to Muhammad Azfar Ahsan, a former chairman of the Board of Investment (BOI), who confirmed the visit.

During the visit, Jack Ma steered clear of speaking with reporters and government officials. He lived in a discreet area and flew out on June 30 in a private aircraft with the registration number VP-CMA that was owned by Jet Aviation. Despite the fact that Ma's visit's objective is now unknown, Ahsan expressed optimism that Pakistan will benefit from it in the near future, as The Express Tribune reported.

Ma was accompanied by a delegation of seven businessmen, including one American, one Danish, and five Chinese nationals. They took a chartered flight from Hong Kong's corporate aviation industry to go from Nepal to Pakistan. On social media, there have been numerous rumors regarding Ma and his team looking into business opportunities in Pakistan, including going to trade centres and meeting with influential businesspeople and representatives from various chambers of commerce. There has, however, been no proof of any specific business talks or deals.

Ahsan stated in a tweet that Ma's travel was only for personal reasons. He said that it was interesting that not even the Chinese embassy was informed of Ma's visit and activities there.

On June 27, officials reported that Jack Ma had reached Kathmandu, the capital of Nepal. Around 2:00 p.m. (local time) , the co-founder of the Chinese internet marketplace Alibaba touched down on his own Boeing 747 Max aircraft at Tribhuwan International Airport.

The Chinese businessman has not requested any security during his visit to Nepal, and his entry has not been officially announced. Additionally, the purpose of his trip to Nepal has not been made public.

The Chinese magnate spent about a year abroad before returning to mainland China in early March, according to sources with knowledge of the situation.

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