Jack Ma reappears after vanishing for months; Alibaba shares jump 8%

In a new video recording after vanishing for months, Jack Ma is seen to be speaking to a group of rural teachers.


Alfred Lee

20 Jan, 2021

Jack Ma reappears after vanishing for months; Alibaba shares jump 8% | BEAMSTART News

- From our Sponsors -

Jack Ma, the billionaire founder behind Alibaba Group, has resurfaced in a video call after vanishing for months.

The 50-second recording of what appears to be Jack Ma speaking to hundreds of rural teachers was published on a Zhejiang state-backed news portal.

The news has since gone viral on social media, with Alibaba's share prices jumping by over 8%.

Jack Ma has been known to love the limelight.

Speculations swirled around Jack Ma's whereabouts after Ant Financial's IPO plans were curtailed by the government soon after he made a controversial speech at a conference full of high-ranked officials and bankers.

The billionaire founder reportedly disappeared from public appearances, which included skipping a taping of a TV program he created.

“Today, Alibaba and its archrival, Tencent, control more personal data and are more intimately involved in everyday life in China than Google, Facebook and other American tech titans are in the United States. And just like their American counterparts, the Chinese giants sometimes bully smaller competitors and kill innovation,” wrote Li Yuan for the New York Times.

- From our Sponsors -

Latest Jobs

Staff Backend Engineer

Fractional

San Francisco, United States

Full Time

USD 160000 — USD 185000 yearly

UI & Visual Designer

Codingal

Bengaluru, India, United States

Full Time

USD 600000 — USD 800000 yearly

Scientist, Platform Biology

Output Biosciences

New York, United States

Full Time

USD 100000 — USD 160000 yearly

Revenue Management Business Analyst

Sohar Health

New York, United States

Full Time

USD 75000 — USD 85000 yearly

Backend Engineer (Python/AWS/React)

Quindar

Denver, CO, United States

Full Time

USD 140000 — USD 200000 yearly

Senior Product Manager

Titan

New York, United States

Full Time

USD 150000 — USD 210000 yearly

Account Executive (London)

Kula

London, United Kingdom, United States

Full Time

USD 50000 — USD 70000 yearly

Environmental Health & Safety Specialist

Blockstamp

Los Angeles, CA, United States

Full Time

USD 87000 — USD 100000 yearly

Staff / Lead Product Designer

Nimble

Oregon City, OR, United States

Full Time

USD 152000 — USD 178000 yearly

Founding Technical Product Owner

Agave

San Francisco, United States

Full Time

USD 75000 — USD 140000 yearly

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest startup jobs, news, and discussions.

 
© 2016 - 2024 BEAMSTART. All Rights Reserved (Legal).