News > It's not just Jack Ma. More and more Chinese tech founders and CEOs are retreating from the spotlight

It's not just Jack Ma. More and more Chinese tech founders and CEOs are retreating from the spotlight

04/11/2021 10:45 PM | Click to read full article

Jack Ma famously disappeared from the limelight after his Ant Group's planned IPO imploded. TikTok owner Bytedance's founder Zhang Yiming has stepped down from the company's board of directors. 

The big tech crackdown, combined with China's growing animosity for billionaires has upended how powerful businessmen are perceived in the nation and has caused them to tread lightly in the public eye.

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