- There is interest in the whereabouts of Jack Ma, the founder of Alibaba, after he and his state were targeted by a major regulatory crackdown by the Chinese government.
- “Well, first of all, Jack is alive. He’s healthy, he’s happy. He’s creative. He’s thinking. He spends a lot of time in China, teaching at the University of Tokyo,” said Alibaba president Michael Evans.
- Evans said Ma is still Alibaba’s largest shareholder, which shows the billionaire’s commitment to the company.
“He’s happy,” said Alibaba founder Jack Ma, the company’s president, Michael Evans. The comments come as speculation continues about the billionaire’s movements following China’s crackdown on his empire.
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PARIS – Alibaba founder Jack Ma is “alive” and “happy,” the Chinese e-commerce giant’s chairman said Thursday, after speculation continued about the billionaire’s activities after a major blow to the tech giant in Beijing.
“Well, first of all, Jack is alive. He’s healthy, he’s happy. He’s creative. He’s thinking. He’s teaching at the University of Tokyo, and he spends a lot of time in China,” Alibaba president Michael Evans said at the Viva Tech conference in Paris. .
The comments came in response to a question from Maurice Levy Selma, chairman of French advertising group Publicis. It signaled continued interest in the billionaire’s whereabouts after he and Alibaba became the target of Beijing’s tough regulatory crackdown.
He worries … about this company today, as he did when it started, and I expect it will continue as long as Alibaba and Jack Ma are here.
That investigation began in November 2020 when Alibaba’s financial technology affiliate Ant Group was forced by regulators to cancel what was the world’s largest public offering.
Alibaba in 2010 It has been fined $2.8 billion in anti-trust by 2021. Meanwhile, China’s tech sector has had to comply with new rules on everything from competition to data privacy.
Ma had been out of public view for a few months, prompting speculation that he had disappeared.
Evans Ma is still Alibaba’s largest shareholder, showing the billionaire’s commitment to the company.
“This is his company. So he thinks … about this company today, as he did when he started, and I expect this to continue as long as Alibaba and Jack Ma are here,” Evans said.