Jack Ma has reappeared in a viral video after 3 months of being out of the public eye
After months of being out of the public eye which led people to speculate about his ‘disappearance’, Jack Ma has finally reappeared in a video. He had disappeared in October 2020, following his controversial statement against the Chinese authorities which the government didn’t take too well.
His statement rebuked the Chinese Banking system and how it was unsuitable for his fintech giant, Ant group. He also commented on the communist regime in China which demands complete and utter obedience from all its pupils. After releasing his statement, billionaire, CEO of Alibaba, Jack Ma went off the radar.
Jack Ma compared the Chinese banking system to pawnshops, saying, “Mortgages and guarantees are for a pawnshop, but if we go to extremes in relying solely on collateral assets, certain enterprises will pledge all of their assets, and the pressure [for them] is enormous.”
His statement led to an anti-monopoly investigation and an antitrust probe against him by the Chinese government and media houses were ordered to stop reporting any news relating to him.
After his disappearance, people have been speculating about his whereabouts as well as his wellbeing but now they can rest assured that Jack Ma is doing well.
On Wednesday, the business tycoon addressed teachers during a video conference of an annual event he hosts recognizing rural educators. This video where Ma gives wishes to village educators and talked about spending more on philanthropy went viral. There was no mention of his conflict with the Chinese Government and his supposed ‘disappearance’.
Ma said in the video, “Recently, my colleagues and I have been studying and thinking. We made a firmer resolution to devote ourselves to education philanthropy.”
He also added, “Working hard for rural revitalization and common prosperity is the responsibility for our generation of businessmen.”
He ended his speech by saying, “When the epidemic is over, we must find time to make up for everyone`s trip to Sanya, and then we will meet again!”
Ant also confirmed that this video is genuine. But hasn’t commented on his whereabouts.