Alibaba Jack Ma

2023 - 3 - 28

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Image courtesy of "The Guardian"

Alibaba founder Jack Ma seen in China after months of absence (The Guardian)

Billionaire is thought to have remained outside country after state crackdown on tech sector.

The company in January Ma started the Alibaba website to link Chinese exporters to small businesses around the world, and later expanded it to other areas such as payments, consumer retail and cloud technology. Alibaba is one of China’s largest private companies and one of the few businesses that can rival the US tech sector for size. A return to China for Ma could herald an easing of government pressure on private companies and promote a more business-friendly attitude. Ma was an English teacher before founding Alibaba. The

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Image courtesy of "BBC News"

Jack Ma: Alibaba founder seen in China after long absence (BBC News)

The 58-year-old reportedly visited a school that he founded in his hometown of Hangzhou.

We should use artificial intelligence to solve problems instead of being controlled by it," he said. Last November, the Financial Times newspaper reported that Mr Ma had been living in Tokyo, Japan for six months. Alibaba founder Jack Ma, who has rarely been seen in public in the past three years, has resurfaced at a school in Hangzhou, a report says.

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Image courtesy of "CNBC"

Alibaba founder Jack Ma back in China after months abroad in sign ... (CNBC)

Alibaba founder Jack Ma has been spotted in China in a potential sign that Beijing is warming to technology giants again after a crackdown on the sector.

And Chinese ride-hailing firm Didi, which faced a cybersecurity probe from regulators and was forced to delist from the New York Stock Exchange, [signaled it was looking to expand its business](https://www.cnbc.com/2023/03/16/chinas-didi-plans-expansion-after-beijings-crackdown-ends.html). Ma made comments that [ appeared critical of China's financial regulator](https://www.cnbc.com/2020/10/24/alibaba-founder-jack-ma-on-ant-group-ipo-pricing.html) prior to the listing cancellation. Ma has been traveling outside of China over the past few months and has been [spotted in Spain](https://www.cnbc.com/2021/10/20/alibaba-shares-surge-after-jack-ma-appears-in-europe-new-chip-release.html), Japan and Thailand. Allowing Ma back into the fold could be a recognition from Beijing that it needs private businesses to do that. [ worked to reinvigorate the economy](https://www.cnbc.com/2023/03/06/china-takes-a-cautious-approach-to-its-economy-in-2023.html). [licenses to foreign games](https://www.cnbc.com/2022/12/29/china-to-import-45-foreign-video-games-grants-multiple-licenses-to-tencent.html) to be released in China, for example. [slowly giving up control of the fintech firm](https://www.cnbc.com/2023/01/07/ant-group-founder-jack-ma-to-give-up-control-in-key-revamp-.html). [$2.6 billion antitrust fine in 2021](https://www.cnbc.com/2021/04/09/china-fines-alibaba-in-anti-monopoly-probe.html). [forced to shelve its massive listing](https://www.cnbc.com/2020/11/03/ant-group-ipo-in-shanghai-suspended.html) in Hong Kong and Shanghai. [since last year](https://www.cnbc.com/2021/10/13/billionaire-alibaba-founder-jack-ma-reappears-in-hong-kong-sources.html). [Alibaba](/quotes/BABA/) founder Jack Ma has been spotted in China after spending months abroad in a potential sign that Beijing is warming to technology giants again after a roughly 18-month crackdown on the sector. - Alibaba founder Jack Ma has been spotted in China after spending months abroad in a potential sign that Beijing is warming to technology giants again after a roughly 18-month crackdown on the sector.

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Image courtesy of "TechCrunch"

Alibaba founder Jack Ma returns to China after a year of uncertainty (TechCrunch)

Jack Ma's whereabouts are making headlines again, roughly a year after the billionaire founder of Alibaba disappeared from the public eye.

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Image courtesy of "ABC News"

Alibaba's Jack Ma returns to mainland China to visit school, talk ... (ABC News)

Alibaba founder Jack Ma re-emerges in a public to visit a Chinese school after months of overseas travel.

On Monday, Mr Ma visited the Yungu School in Hangzhou, in eastern China, that was established by Mr Ma and other partners of Alibaba, according to a WeChat post by the school. In the past year, Mr Ma has been travelling, with reports of sightings in Europe, Japan, Thailand and Hong Kong. Alibaba founder Jack Ma has resurfaced in China after months of overseas travel, visiting a school in the city where his company is headquartered, where he discussed topics such as artificial intelligence.

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Image courtesy of "The Register"

Jack Ma is back, and he has some feelpinions to share (The Register)

Ma's appearance at the Yungu school in Hangzhou was documented on Chinese social media. According to the school's Weixin page, Ma dispensed opinions on ChatGPT ...

Observers said that the move of a prominent business tycoon also carries weight in shoring up confidence in the recovery of Chinese economy," "Jack Ma is back! [vanished](https://www.theregister.com/2021/01/05/jack_ma_missing/) from the public eye. He then promptly and mysteriously Although human physical and mental strength are inferior to machines, machines only have a 'core,' while humans have a 'heart'." [China launches yet another crackdown on social media](https://www.theregister.com/2023/03/13/chinas_another_social_media_crackdown/) [China crisis is a TikToking time bomb](https://www.theregister.com/2023/03/27/china_crisis_is_a_tiktoking/) [Alibaba's Jack Ma out as boss of fintech Ant Group](https://www.theregister.com/2023/01/09/jack_ma_out_ant_group/) [Barred from US tech, Huawei claims to have built its own 14nm chip design suite](https://www.theregister.com/2023/03/24/huawei_eda_14nm_chips/)

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Image courtesy of "TechNode"

Alibaba founder Jack Ma returns to China, discusses ChatGPT ... (TechNode)

Alibaba founder Jack Ma visited a school in Hangzhou to discuss the future of education in his first public sighting in China in over a year.

Ma claimed that technologies such as ChatGPT have brought challenges to traditional education, but that we are still only in the beginning of the AI era. In his first public sighting in China in over a year, Alibaba founder Jack Ma visited his hometown of Hangzhou to discuss the future of education at the Alibaba-funded Yungu School on Monday, according to a WeChat post from Yungu Education. Although human physical and mental strength are inferior to machines, Ma told school officials, machines only have a “chip-core”, and humans have a “heart”.

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Image courtesy of "Reuters"

China's Alibaba to break up empire into six units as Jack Ma returns ... (Reuters)

Alibaba Group plans to split into six units and explore fundraisings or listings for most of them, it said on Tuesday, in a major revamp as China vows to ...

"It does seem something of a coincidence that this is happening just as Ma seems comfortable returning. and international investors," said Hariharan, managing director of global macro research. scrutiny of Chinese tech firms that raised national security concerns over TikTok and its parent ByteDance, said Tara Hariharan of emerging market hedge fund NWI Management. Each of the six businesses will have a CEO as well as a board of directors and will retain the flexibility to raise outside capital and seek an initial public offering, the company said. Each business group, he said, had to tackle the rapid changes in the market and each Alibaba employee had to "return to the mindset of an entrepreneur". Register for free to Reuters and know the full story

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Image courtesy of "CNN"

Alibaba to break up business into six units, seek IPOs (CNN)

Alibaba Group plans to split its business into six main units covering e-commerce to cloud in the biggest restructuring of its 24-year history.

With the shakeup, Alibaba appears to be taking a page from American tech companies like Google, which restructured as Alphabet. Each new business unit will be overseen by its own chief executive and board of directors, the company said. The next year, Alibaba was [retired from his role](https://www.cnn.com/2019/09/09/tech/jack-ma-retire-alibaba/index.html) as executive chairman in 2019. [Ant Group](https://www.cnn.com/2021/04/13/tech/ant-group-restructuring-intl-hnk/index.html) won a key approval for capital expansion of its consumer finance unit and China has broadly adopted a more business-friendly posture. [hit with a record fine](https://www.cnn.com/2021/04/10/tech/alibaba-china-record-fine/index.html) from China’s antitrust regulators.

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Image courtesy of "theloadstar.com"

China's Alibaba to break up empire into six as Jack Ma returns home ... (theloadstar.com)

The original entrepreneur Jack Ma, meanwhile, returned to China the day before the announcement, after a long hiatus during which his relations with the Chinese ...

The original entrepreneur Jack Ma, meanwhile, returned to China the day before the announcement, after a long hiatus during which his relations with the Chinese state seemed strained. SEEKING ALPHA reports: Alibaba (NYSE:BABA) rose some 8% Monday in Hong Kong after founder Jack Ma ... SA: Alibaba stock up 8% in Hong Kong as Jack Ma gives up control of sister firm Ant Group

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Image courtesy of "Times of India"

Alibaba to break up empire into six units as Jack Ma returns to China (Times of India)

The exception would be Taobao Tmall Commerce Group that handles its China commerce businesses and will remain an Alibaba Group wholly owned unit. Zhang also ...

"It does seem something of a coincidence that this is happening just as Ma seems comfortable returning. Authorities have in recent months been softening their tone towards the private sector as leaders try to shore up an economy battered by three years of COVID-19 curbs. The Alibaba stock is down around 70% since the regulatory crackdown started in late 2020. “With this expectation, investors will be more positive on Alibaba. Each business group, he said, had to actively tackle the rapid changes in the market and each Alibaba employee had to "return to the mindset of an entrepreneur." SHANGHAI: Alibaba Group plans to split into six units and explore fundraisings or listings for most of them, it said on Tuesday, in a major revamp as Beijing vows to ease a sweeping regulatory crackdown and support its private enterprises.

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