Jack Ma Return Back To China: Jack Ma, the founder of Chinese company Alibaba, has returned to China. This was informed by the South China Morning Post (SCMP) on Monday (March 27). Jack Ma, the founder of Alibaba, was living abroad for more than a year. Due to the return of Jack Ma, peace is being seen in the business of China.
Jack Ma, the founder of Alibaba, is one of the most famous entrepreneurs in China. Jack Ma left China at the end of the year 2021. After leaving China, he started living in Japan, Australia and Thailand for months. He was also seen in many pictures related to these countries. He is considered one of the most vocal businessmen of the country.
ceased operations in recent months
Alibaba founder Jack Ma criticized China’s regulatory system at the end of the year 2020. After that he stopped appearing in public places. After this incident, Jack Ma was blamed for starting a comprehensive regulatory action on behalf of China.
However, Chinese officials now say they have ended the crackdown in recent months. Those people will now look for ways to support the private sector. The Chinese entrepreneur said he saw Ma’s decision to stay abroad as a loss of self-confidence.
On Mar 27, #JackMa met with teachers and students at Yungu School in Hangzhou, a private kindergarten-to-high school funded by the founder of #alibaba in 2017. The billionaire businessman discussed education issues and #ChatGPT technology with schools staff. pic.twitter.com/jlKx9CVmwJ
macropanda (@macro_panda_) Mar 27, 2023
jack ma visits the school
At the same time, after the SCMP report was published, Alibaba’s shares in Hong Kong rose by more than 4 percent. The SCMP report did not specify when Ma had returned to China, but cited sources saying he visited a school set up in the city of Hangzhou, home to Alibaba and financial technology firm Ant Group.
It has been said in the letter that after a brief stay in Hong Kong, he returned to China. Alibaba did not immediately respond to requests for comment. The school, Yungu Education, said on its WeChat account on Monday that Ma visited its campus and posted photos of the Alibaba founder as well as a video at the school.
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