Jack Ma, missing for months, emerges for 1st time since China crackdown

Beijing: Jack Ma has resurfaced after months out of public view that fueled intense speculation about the plight of the billionaire grappling with escalating scrutiny over his internet empire.

China's most recognizable entrepreneur addressed teachers via livestream on Wednesday during an annual event he hosts to recognize rural educators, according to people familiar with matter.

In a video of the event circulated online, Ma talked about how he'll spend more time on philanthropy. The co-founder of Alibaba and Ant didn't mention his recent run-ins with Beijing during his address, which was first reported in a local blog.

Ant confirmed the authenticity of the video in an email.

"Recently, my colleagues and I have been studying and thinking. We made a firmer resolution to devote ourselves to education philanthropy," Ma said in the video. "Working hard for rural revitalization and common prosperity is the responsibility for our generation of businessmen."

 

Asianet.in/NewsDesk: Asianet Online