spot_img
spot_imgspot_img
August 19, 2026 - 4:19 PM

Chinese billionaire, Jack Ma reappears after reportedly missing for months

Alibaba founder, Jack Ma, suspected to be missing has reappeared.

Yahoo Finance had reported that Ma was last seen on October 24, 2020, when he called for economic reform in a speech in Shanghai.

However, he appeared for the first time since the end of October in a video message distributed by Chinese state media on Wednesday.

In the video message, the 56-year-old was seen addressing 100 teachers in rural areas.

Ma also announced plans to engage in philanthropic endeavours more than he had before.

“In these days, I have been learning and reflecting together with my colleagues. We are now even more determined to dedicate ourselves to education and charity,’’ Ma was quoted as saying in his address at an annual event held by his foundation.

Meanwhile, in November 2020, Chinese authorities halted a planned initial public offering (IPO) of Alibaba’s financial subsidiary, Ant Group, citing legal changes.

It had been billed as the biggest IPO of all time.

In December, Chinese regulators launched an antitrust probe into Alibaba Group, citing alleged monopolistic behaviour.

 

0 0 votes
Article Rating
Subscribe
Notify of
0 Comments
Oldest
Newest Most Voted

Share post:

Subscribe

Latest News

More like this
Related

Okorocha Sues INEC Over Uzodinma’s Imo West Senatorial Candidacy

Former Imo State Governor and Senator, Rochas Okorocha, has...

Kaycee’s Arrest And The Need To Ask Nigeria’s Rich: Where Did The Money Come From?

The arrest of popular socialite and businessman Afolabi Kazeem...

Seven Women, 12 Children From Terrorist Families Surrender to Troops in Borno

Seven women linked to suspected terrorists, accompanied by 12...

Borno Spends N15.29bn on Scholarships Since 2023 – Zulum

Borno State Governor, Prof. Babagana Umara Zulum, has disclosed...
Join us on
For more updates, columns, opinions, etc.
WhatsApp
0
Would love your thoughts, please comment.x
()
x