The Sudden Reappearance of Missing Jack Ma Leaves People Guessing About Many Things!

Must Read

How To Leverage On Cold Calling to Help You Win Big In 2021

Cold calling is an old-fashioned sales strategy that involves sales representatives reaching out to prospective customers who have not...

With Free Delivery and Zero Surge Pricing, What’s Swiggy Upto?

Be it fancy, hearty meals delivered at door-step or being the savior of late-night food cravings - Swiggy has...

Are You A Gaming Geek: ‘Five Commandments’ Before You Buy Video Games Online !

Does your day start with joysticks instead of coffee mugs? Or as a kid your best friends were the...

Jack Ma was preparing to publicly float Ant Group – what was billed to be the largest IPO in the world in October 2020. At the time, the fintech company was all set to be listed dually in Shanghai and Hong Kong.

Ma, at the Bund Summit in Shangai which was held at October 24th, said it was the largest listing ever priced in the history of the entire human race and that the pricing happened in a place which isn’t New York City. But the listing failed and that night was the last time the Chinese billionaire was seen in public until now.

According to people in the know, on Wednesday, Jack Maa addressed a cohort of teachers via a live stream event hosted to honour rural educators. Maa can be seen talking about how he is considering to allocate more time on philanthropy in a video of the event that is currently being circulated online. Ant confirmed that the video was authentic.


The co-founder of Alibaba and Ant did not talk about his recent run-ins with Bejing while addressing the crowd. Also, it still remains to be unclear where exactly Maa is at present. Now that he has appeared in a public forum, it might finally put to rest numerous rumours about his fate that surfaced while Beijing continues to pursue investigations into both Ant Group And the Alibaba Group.

In the video, Ma said that recently he and his colleagues have started studying and thinking and then came to a firm resolution to devote themselves to education philanthropy above all else.  He also mentioned that working hard to revitalize rural areas and common prosperity is a responsibility every business of this generation should undertake.

The assault that was unleashed on Jack Ma’s trillion-dollar corporate empire is a big example of how Beijing now happens to view Chinese tech giants as vehicles which wield too much control over the world’s second-biggest economy.

One can easily make out from the flurry of actions that followed against Ma’s twin companies that Beijing has lost its patience with the outsized and unmatched power of its homegrown technology giants. It now perceives them as a threat to the nation which prizes both political and financial stability above all.

The Chinese government has gone to big lengths in order to exert their influence over the extent to which companies from Tencent Holdings Ltd. to ByteDance Ltd. collect data and control both media and commerce. 


One simply can’t call it coincidence when in the same month Ant called off its IPO, China’s top antitrust watchdog published a whole set of new guidelines warning technology giants to refrain from monopolistic practices.

All in all, while Ma’s current standing with Beijing remains unclear, at the same time it is definitely not hunky-dory. According to a person in the know, as of early December, the billionaire who was closely identified as the reason for the meteoric rise of China Inc was advised to stay within the country by the government. We will keep you updated on all future developments. Until then stay tuned.


Please enter your comment!
Please enter your name here

Latest News

Price of Google Pixel 6 Leaked: The Jaw-Dropping Price Tag Could Change The Game

The price of Pixel 6 could start from $599. The much-awaited Google Pixel 6 is expected to get price...

In-Depth: Dprime

Will ‘TikTok By Microsoft’ Be A Winner?

For the last two years, TikTok has been in the public eye for all sorts of reasons. First, it was the exploded and unparalleled...

Facebook Subscription Model: Looking Beyond Ad Dollars?

Seldom do job listings create a stir this gripping. However, when the job listing in question is a stealth post from Twitter, with a...

Will The Online Food Delivery Market in India End Up Becoming A Two-Horse Race?

It's pretty much evident that the food delivery space in India is all set to get riled up soon enough as one of the...

More Articles Like This