Jack Ma Puts An End to Rumors With First Public Appearance in Months

Co-founder of Alibaba Group and billionaire entrepreneur, Jack Ma, has finally made his first public appearance in months as China’s most successful tech empire continues to face challenges from national regulators.

According to details, Ma appeared in a short video that has been published by Tianmu News, a subsidiary of the Zhejiang government’s official newspaper.


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In the video, Ma can be seen addressing teachers in rural China for a traditional award ceremony.

“We’ll meet again after the pandemic is over,” Ma told the teachers, adding that the traditional in-person celebration for the ceremony was canceled because of the Coronavirus pandemic.

Alibaba co-founder can also be seen visiting an elementary school in Hangzhou, the capital of eastern coastal province Zhejiang and home to the Alibaba Group.

Tianmu News claimed that the video has been shot earlier today, resulting in a 6% rise in the shares of Alibaba Group.


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Jack Ma had made his last public appearance in October last year, just over a week before a much-anticipated stock market listing of Alibaba’s financial affiliate, Ant Group, was blocked at the last minute by Chinese regulators.

While Alibaba Group continues to face an antitrust investigation, Ant Group has gone from preparing the world’s largest initial public offering (IPO) to being ordered to overhaul the business.

Chinese regulators accuse Alibaba and Ant Groups of monopolistic behavior and hurting consumer rights.

Meanwhile, Chinese officials and government advisers familiar with the matter have disclosed that the Chinese government is seeking to take a larger stake in Jack Ma’s tech empire.

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