Chinese billionaire Jack Ma in Nepal

FILE - In this Oct. 12, 2018, file photo, Chairman of Alibaba Group Jack Ma speaks during a seminar in Bali, Indonesia. China’s market regulator will increase scrutiny and regulation around the community group buying industry in China, summoning some of its largest tech companies involved to discuss the matter as it looks to eradicate anti-monopoly practices in the industry. In a statement on Tuesday, Dec. 23, 2020, China’s State Administration for Market Regulation said it had held a meeting with six internet platform companies, including e-commerce firms Alibaba, and Pinduoduo, to discuss the regulation of community group buying. Photo courtesy: AP

Kathmandu: Director of Chinese company Alibaba Group and Chinese Jack Ma is on an unofficial visit to Nepal since yesterday.

Jack Ma arrived in Kathmandu on a chartered Boeing 737 Max of Hong Kong business jet yesterday afternoon.

According to the Department of Immigration, he came on his chartered flight with his seven other crew members.

Although Jack Ma visited some places in Kathmandu yesterday and today, he did not seek protection from Nepal.

It has been said that he is on an unofficial visit to Nepal.

Chinese billionaire Jack Ma is the owner of the e-commerce company Alibaba. Jack is ranked fifth in the list of the richest Chinese and 63rd in the list of the world’s dollar billionaires.