Finally, Jack Ma, the founder of Alibaba and its affiliate Ant Group, was found. China launched a crackdown on his company after harsh criticism of government policy.
He has not been seen in public since October. At that time, news was published in various media that 'Jack Ma' was missing. But on Wednesday he sent a video message to the annual conference of the Rural Teacher Initiative. The news was first published by Tianmu News of Zhejiang Online, a government-controlled news site.
The Jack Ma Foundation and Alibaba Group later confirmed the news. Jack Ma was present in person every year to present the Jack Ma Rural Teacher Award to the best teachers on behalf of the Jack Ma Rural Teacher Initiative organized by the Jack Ma Foundation.
He said he has organized this online for the epidemic this year. In the 50-second video, he promises to take the teachers to Sanya, China, once the epidemic is over. Tianmu News did not specify Jack Ma's whereabouts.
However, the release of his video has reduced the anxiety of many. China has recently launched multiple investigations against Alibaba and Ant Group. It has also tightened regulations on financial technology. Many see this as a punishment for increasing the influence of other entrepreneurs in the technology sector, including Jack Ma.
