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Alibaba co-founder Jack Ma spoke via video today at an education conference in China.
In the video, he sent a greeting to the teachers in the field, and said that this event is held annually in Sanya (Hainan, China). But this year, due to Covid-19, the conference must take place online.
Jack Ma spoke by video at an event in China today. Image: Twitter
His appearance was reported on a local blog and confirmed by a source close to Bloomberg. This is the first time that Jack Ma has appeared in public since late October 2020, after a series of events occurred in his empires.
This could quell rumors about the billionaire’s fate as Beijing tightens control of payments company Ant Group and e-commerce giant Alibaba. In November 2020, Chinese officials abruptly blocked Ant’s most-anticipated IPO in the world just days before G. Then they tightened regulations on fintech regulation, asked Ant to reform operations and open an impeachment investigation. exclusive with Alibaba.
These moves are part of a major Chinese campaign to curb the power of the country’s tech giants. The fact that Internet companies increasingly influence people’s lives in the world’s second-largest economy is seen here as a threat to political and financial stability.
Ha Thu (theo Bloomberg)
