Jan 20, 2021By: Sanchita Dash
The billionaire founder of Alibaba and Ant Group was reportedly “missing” for over 2 months
The billionaire reportedly met with 100 rural teachers in China through video call.
He publicly criticized the Chinese regulators and called the country’s banks “pawn shops”.
Chinese state media had earlier said Ma had “embraced supervision”.
They now face an antitrust probe for alleged monopolistic practice.
Credit: Business Insider
In Nov 2020, Shanghai Stock Exchange suspended the $34 billion initial IPO Alibaba and Ant Group.
Ma was also hailed as the face of China’s entrepreneurial world
With both aiming to be world’s largest e-commerce company, Alibaba booked nearly double than Amazon’s sales at its peak in 2012
Ma surprised the world as he stepped down from the post of executive chairman of Alibaba, after 20 years.