Jack Ma can be said to be the man of the hour leading an era. When Jack Ma was in charge of Alibaba, he often attended some high-end occasions. Jack Ma is extremely eloquent and often speaks some "golden sentences", which are also regarded as the motto by some people. The power of Jack Ma, who built alibaba into a vast business empire with 18 Arhats, is evident.

In the huge business territory of Jack Ma, many famous brands have been incubated, such as the three squirrels in the snack industry, which also achieved rapid development in a short period of time. There are also many people who become rich in the e-commerce industry, and almost everyone has the idea of making a fortune on the e-commerce platform when it is in full bloom.

Jack Ma cashed in hundreds of billions
But the clock is ticking, and Mr. Ma eventually chose to take a back seat. Although he is retired, he is often seen at some events and speaking on some online platforms, not completely out of sight.
But since ali and ants was checked, Mr Ma is also related to the unit after the interview, a lot less, basic completely can't see the other message of ma, until recently, the news that Mr. Ma in Spain, and points out that the ma in there is a $1.3 billion mansion and private yacht, cash in 100 billion, is leisurely play golf, Only then caused the broad concern.

So has Jack Ma really put his empire aside and left Alibaba alone?
Only Jack Ma knows. Alibaba has been slapped with a $18.2 billion fine following an antitrust investigation.
Just recently, the State Administration for Market Regulation imposed another round of penalties on Alibaba under the Anti-Monopoly Law of the People's Republic of China.
Alibaba has been fined for five cases of buying shares of other companies, which it must report under the anti-monopoly law. However, alibaba did not issue a statement, which would have involved irregularities.

The nature of the punishment this time is different from that of the past. In the past, it was suspected that merchants were forced to choose one of multiple platforms, which was a bit of bullying. This operation completely destroyed the healthy competition of normal business activities, and squeezed the living space of competitors with its strong market share, which was unfair competition.
This time, too, it is a model of concentrated monopoly. If an operator absorbs other operators within the industry into its control, it will become a de facto monopoly, limiting competition.

It can be seen that the state has carried out multiple investigations and punishments on The anti-monopoly behavior of Ali, which also confirms one thing: nowadays, various laws and regulations are more perfect. The bigger the company is, the more it has to abide by fashion rules, otherwise it will be backfired and ushered in the iron fist of relevant departments.
Alibaba's shares hit an all-time high of $319.32 and were awarded $18.2 billion by the antitrust authorities, and have fallen to $120.90 in the process amid antitrust investigations and sanctions.
As you can see, in less than two years, hundreds of billions of dollars have disappeared and Alibaba's overall share price has lost 62 per cent of its value

It can be said that the era has gradually gone away, like Ma Yun, many giants of related industries have also chosen to retire, Liu Qiangdong also recently reported that he spent 560 million yuan to buy a luxury house in Italy, in fact, these giants are also revealing some signals to the outside.
So it is understandable that Mr Ma reduced his stake in Alibaba and cashed out Rmb100bn. In fact, even Charlie Munger cut his stake in Alibaba by 50% three months ago.
People's Daily is right
Before the People's Daily once published an article, the article said, there is no so-called Jack Ma era, only jack Ma in the era, as a businessman, Jack Ma has achieved the peak, but to use Jack Ma to name an era, it seems to be some inappropriate.

Alibaba just a year later, however, is facing the antitrust investigation, so The Times produce character, rather than create era characters, Mr Ma is to succeed, besides his personal ability outstanding, is made for the social development, the accumulation of fruit under the trend of The Times also like snowball.
At the same time, Ali has been investigated and punished one after another, which also proves from the side that the era is different from the past. Ali's practices do not conform to the main melody of today. If Ali wants to adapt to The Times, it has to make corresponding adjustments.
Now the old way is no longer working, the market has given the answer, the new anti-monopoly law is about to come into effect, the time is on August 1, so after the new law, whether Ali can adapt to The Times to embark on its own course?