Alibaba founder, Jack Ma reappears after suspicions that he had gone missing.
Jack Ma reappears for the first time since October 2020
Yahoo Finance had reported that Jack Ma was last seen on October 24, 2020, when he called for economic reform in Shanghai.
However, he appeared for the first time since the end of October in a video message distributed by Chinese state media on Wednesday.
In the video message, the 56-year-old was seen addressing 100 teachers in rural areas.
Ma also announced plans to engage in philanthropic endeavours, more than he had before.
He said, “In these days, I have been learning and reflecting together with my colleagues. We are now even more determined to dedicate ourselves to education and charity,’’
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Ma said this in his address at an annual event held by his foundation.
Meanwhile, in November 2020, Chinese authorities halted a planned initial public offering (IPO) of Alibaba’s financial subsidiary, Ant Group, citing legal changes.
It was billed to be the biggest IPO of all time.
In December, Chinese regulators launched an antitrust probe into Alibaba Group, citing alleged monopolistic behaviour.
