According to the company’s chairman Michael Evans, Alibaba founder Jack Ma is “happy”. These comments come as speculation about the billionaire’s activities continues in the wake of China’s crackdown on Ma’s empire.
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PARIS — alibaba Founder Jack Ma is “alive” and “happy”, the chairman of the Chinese e-commerce giant said on Thursday, after much speculation about the billionaire’s activities following a fierce crackdown. Beijing’s backlash on his tech empire.
“Well, first of all, Jack is still alive. He’s healthy, he’s happy. He’s creative. He’s thinking. He’s teaching at a university in Tokyo, spending more time there. China,” Alibaba President Michael Evans said at the Viva Tech conference in Paris.
The comments were in response to a question about Ma from Maurice Levy, president of the French advertising group Publicis. It highlights the continued interest in the billionaire’s whereabouts after he and Alibaba became the targets of a strict regulatory crackdown by Beijing.
He cares… as much about this company today, as he did when he started, and I assume that will continue as long as Alibaba and Jack Ma are here.
Michael Evans
alibaba president
That scrutiny began in November 2020 when Ant Group, the fintech arm of Alibaba also founded by Ma, was forced by regulators to cancel initial public offeringthat would be the largest in the world.
Alibaba fined $2.8 billion antitrust in 2021. Meanwhile, China’s tech sector has had to comply with a host of new regulations surrounding areas ranging from competition to data privacy.
Ma did not appear in public for several months, sparking speculation that he was missing.
