According to local government media reports, Alibaba founder Jack Ma met with 100 rural teachers in China in a video conference on Wednesday, which enabled the businessman to appear in public for the first time since October.

Tianmu News, an offline news portal of the government-backed news site Zhejiang, reported on the meeting on Wednesday.

In the past few months, Jack Ma has been absent from the public eye, including missing the last episode of the TV show he starred in as a judge. This has triggered social media concerns about China’s whereabouts because of the huge business empire of Chinese regulators. A severe crackdown was carried out.

Since the forum held in Shanghai in late October, the most famous Chinese entrepreneur has not appeared in public. At the forum, he criticized China’s regulatory system, causing him to clashed with officials, resulting in a suspension of 37 billion U.S. dollars (approximately 13.2 billion rupees). Initial public offering of Alibaba’s Ant Group’s financial technology division (raised funds of 277 billion yuan)

The Financial Times reported on Friday that in the final episode of the November game show called “Africa’s Business Heroes” for entrepreneurs, Ma was replaced as a judge.

An Alibaba spokeswoman told Reuters that the change was caused by a schedule conflict and declined to comment further.

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Although news reports about Jack Ma’s absence from public view sparked speculation on Twitter, they were blocked in China, but this is not an important trending topic on social media in mainland China because sensitive topics are censored.

Since Ma Yun’s speech in October, Chinese regulators have begun to focus on Ma’s business, including launching an antitrust investigation of Alibaba and ordering Ant Financial to change its lending and other consumer finance businesses, including the establishment of an independent holding company to meet capital requirements .

Thomson Reuters 2021 ©


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