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Alibaba founder Jack is no longer

Alibaba founder Jack is no longer

Chinese billionaire Jack Ma It reappeared in China for the first time in over a year. Like the Hong Kong newspaper he owns South China Morning Post It reported that Ma was visiting a school in the eastern Chinese city of Hangzhou on Monday.

Previously, he had visited friends in Hong Kong and the Art Basel art fair, which was held there over the weekend. According to the report, Ma had spent more than a year abroad before returning to China.

The founder of the apparently disgraced internet giant Ali Baba and fintech company Ant group It has been rarely seen in public since the fall of 2020. At that time, Chinese regulators cracked down on the Ant Group IPO.

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The company behind the Chinese mobile payment system Alipay, which has more than a billion users. The planned IPO was supposed to be the world’s largest at US$35 billion (currently around €33 billion) and fell through at the last minute due to supervisory authorities.

According to press reports, the 58-year-old billionaire lived longer in Japan last year. But it has also been seen in Thailand and several times in Europe.

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