Alibaba's Jack Ma returns to mainland China
The Hindu
Hong Kong Alibaba founder Jack Ma has resurfaced in China after months of overseas travel, visiting a school on March 27 in the city where his company is headquartered and discussed topics such as artificial intelligence.
Alibaba founder Jack Ma has resurfaced in China after months of overseas travel, visiting a school on March 27 in the city where his company is headquartered and discussed topics such as artificial intelligence.
Mr. Ma founded e-commerce firm Alibaba in the 1990s and was once China’s richest man. He has kept a low profile with few public appearances since November 2020, when he had publicly criticized China's regulators and financial systems during a speech in Shanghai.
Shortly afterward, authorities put the brakes on the initial public offering of Alibaba’s financial affiliate Ant Group, which had been set to raise $34.5 billion in what would have been the world’s largest share offering at the time. Alibaba was later investigated and fined $2.8 billion for breaching antitrust rules as Chinese authorities cracked down on the once-freewheeling technology industry.
In the past year, Mr. Ma has been travelling, with reports of sightings in Europe, Japan, Thailand and Hong Kong. His itinerary has been closely watched as a barometer of Beijing’s attitude towards private businesses.
On Monday, Mr. Ma visited the Yungu School in Hangzhou, in eastern China, which was established by Ma and other partners of Alibaba, according to a WeChat post by the school. Mr. Ma discussed technologies such as the artificial intelligence chatbot ChatGPT, and spoke of his passion for learning.
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Alibaba did not immediately respond to a request for comment.
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