Jack Ma is still 'alive' and 'happy'.

“First of all, Jack is alive. He’s healthy and happy. He’s teaching at a university in Tokyo and spending more time in China,” Alibaba Chairman Michael Evans said at the Viva Tech conference in Paris, France.

Jack Ma has been invited to be a visiting professor at the University of Tokyo, Japan. (Photo: Bloomberg)

Evans' comments came after receiving a question about Ma from Maurice Levy, chairman of the advertising group Publicis. It shows that the public remains interested in the whereabouts of the Alibaba founder after he and his company became targets of Beijing's crackdown.

China began tightening its regulations on Alibaba in November 2020 when Ant Group, its financial arm, canceled its anticipated IPO in the US. Alibaba was fined $2.8 billion for antitrust violations in 2021. Meanwhile, the domestic technology sector also had to comply with a series of new regulations, ranging from competition to data security.

Ma disappeared from public view for several months, sparking speculation that he had gone missing. However, in early 2021, a source revealed to CNBC that Ma simply didn't want to attract attention.

Later that year, he traveled to Europe, and in 2022, spent several months outside of China. He was spotted returning to his homeland earlier this year, leading people to believe that Beijing would loosen its control over the tech industry.

According to analysts, China's crackdown on technology has eased, but Ma's every move is still under scrutiny. Evans said Ma remains Alibaba's largest shareholder, demonstrating the billionaire's commitment to the company.

"This is his company. So he cares a lot about it today, just like when he first started. I believe that will continue as long as Alibaba and Jack Ma are still here," he commented.

(According to CNBC)

Jack Ma makes his first public appearance after relinquishing his position at Ant Group . Billionaire Jack Ma was spotted in a photo with Jay Fai, the owner of a restaurant in Bangkok, Thailand.

Source: https://vietnamnet.vn/jack-ma-van-con-song-va-hanh-phuc-2155399.html