Former Alibaba CEO, Jack Ma, has been spotted again in China

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Former Alibaba CEO, Jack Ma, has been spotted again in China
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According to reports, Jack Ma, the founder of Alibaba, has reappeared in public for the first time in three years. Find out more at 🚀 engineering interestingengineering

, the founder of Alibaba, has reappeared in public for the first time in three years. Since 2020, when he criticized China's financial regulators, the 58-year-old entrepreneur has kept a low profile. He was the most well-known Chinese billionaire to go missing during a crackdown on tech entrepreneurs. However, according to the

, Mr. Ma has been spotted at a school in Hangzhou after recently returning to China after more than a year overseas.While the Alibaba-owned newspaper said that Mr. Ma has been traveling to different countries to learn about agricultural technology, it did not refer to why he had disappeared from public view in recent years. There had been rumors that he had been placed under house arrest or otherwise detained.Mr. Ma was once the wealthiest person in China.

The following month, Ant's planned £26 billion stock market flotation, which would have been the world's largest, was canceled at the last minute by Chinese authorities, who cited "major issues" over regulating the firm.Since then, there have been reported sightings of Mr. Ma in various countries, including Spain, the Netherlands, Thailand, and Australia. The re-emergence of the Alibaba founder has prompted renewed speculation over his future in China.

Meanwhile, many of his supporters have welcomed Mr. Ma’s reappearance and see him as a symbol of entrepreneurialism in China. Others are still cautious, though, because his public criticism of China's regulators could lead to more attention on him and maybe even more action against him.

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