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<keyword id="302749" type="General" weightage="20" keywordseo="Alibaba" source="Orion">Alibaba</keyword> founder <keyword id="424838" type="General" weightage="100" keywordseo="jack-ma" source="Orion">Jack Ma</keyword>, who has rarely been seen in public in the past three years, has resurfaced at a school in <keyword id="1334" type="General" weightage="80" keywordseo="china" source="Orion">China</keyword>'s Hangzhou, media reports said. The 58-year-old has kept a low profile since criticising China's financial regulators in 2020. Ma was the most high-profile Chinese billionaire to have disappeared amid a crackdown on tech entrepreneurs, the BBC reported. He recently returned to China after more than a year overseas, according to the <keyword id="62481" type="General" weightage="50" keywordseo="south-china-morning-post" source="Orion">South China Morning Post</keyword>. The Alibaba-owned newspaper said he had made a short stopover in Hong Kong, where he met friends and also briefly visited Art Basel, an international art fair. It added that Ma has been travelling to different countries to learn about agricultural technology, but made no reference as to why he had disappeared from public view in recent years. Ma, a former English teacher, met staff and toured classrooms at the <keyword id="16957266" type="General" weightage="50" keywordseo="yungu-school" source="Orion">Yungu School</keyword> in Hangzhou, the city in which Alibaba is headquartered. He talked about the potential challenges of artificial intelligence to education, according to the school's social media page, BBC reported. "ChatGPT and similar technologies are just the beginning of the AI era. We should use artificial intelligence to solve problems instead of being controlled by it," he said. Once the richest man in China, Ma gave up control of financial technology giant Ant Group in January this year. It was seen by some commentators as further evidence that he had fallen foul of the Chinese Communist Party for becoming outspoken and too powerful, BBC reported. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/indian-housing-market-stays-strong-despite-global-headwinds-anarock-research/articleshow/99030280.cms">Indian housing market stays strong despite global headwinds: Anarock Research</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/international/news/food-prices-skyrocket-in-pakistan-during-ramzan-reeling-economic-crisis-to-blame/articleshow/99030602.cms">Food prices skyrocket in Pakistan during Ramzan, reeling economic crisis to blame</a>

Alibaba founder Jack Ma spotted at a school in China after long absence

<ul class="summary-list"><li>On Monday, Alibaba co-founder Jack Ma visited a private school he founded in Hangzhou, China.</li><li>Ma first vanished from public view after angering authorities in 2020 amid Beijing's tech crackdown.</li></ul>Jack Ma, the billionaire co-founder of Alibaba, made a rare public appearance in China two years after first disappearing from public view amid Beijing's tech crackdown. On Monday, Ma — a teacher turned tech titan — visited the Yungu School in his hometown of Hangzhou in east China, according to pictures posted on the institute's <a href="https://mp.weixin.qq.com/s/kfvrbbwlcVxTm0C2E_AgSQ" target="_blank" rel="noopener">WeChat</a> and <a href="https://www.instagram.com/p/CqUTa7ttNzT/">Instagram</a> accounts. The private school caters to students from kindergarten to high school.Ma appeared to be in good spirits as he spoke to the school's staff animatedly and toured the school, the school's Instagram post shows. He even discussed the rise of artificial intelligence, or AI, per the WeChat post.Ma told the staff that AI technologies such as ChatGPT present challenges to education, and that people need to use AI to solve problems instead of being controlled by it, the post said. The news was first reported by the <a href="https://www.scmp.com/tech/big-tech/article/3214955/alibaba-founder-jack-ma-returns-mainland-china-visit-school-hangzhou?utm_content=article&amp;utm_medium=Social&amp;utm_source=Twitter#Echobox=1679894055-1" target="_blank" rel="noopener">South China Morning Post</a> — which is owned by Alibaba — on Monday.<h2>Ma's return could signal Beijing's getting friendlier towards private enterprises.</h2>Ma returned to China amid signals that Beijing may be taking a friendlier stance toward private enterprises after more than two years of a widespread <a href="https://www.businessinsider.com/insider-guide-china-tech-crackdown-from-algorithms-to-crypto-mining-2021-10">tech crackdown. </a>His visit follows a <a href="https://www.caixinglobal.com/2023-01-09/china-wraps-up-two-year-tech-crackdown-top-official-says-101986872.html" target="_blank" rel="noopener nofollow">top Chinese central banker's</a> comments in January that Beijing's tech crackdown was coming to a close.Ma's reappearance in China also followed the conclusion of the China Development Forum that ended on Monday, said Shawn Yang, the deputy research head at Hong Kong-based Blue Lotus Research Institute. Apple CEO <a href="https://www.bloomberg.com/news/articles/2023-03-25/apple-ceo-cook-returns-to-china-to-speak-at-key-corporate-summit" target="_blank" rel="noopener">Tim Cook</a> and <a href="https://www.bloomberg.com/news/articles/2023-03-23/dalio-cook-among-few-us-chiefs-attending-china-business-summit" target="_blank" rel="noopener">Ray Dalio,</a> the founder of Bridgewater Associates, also attended the high-profile state-backed event."In our view, these series of events are likely an attempt by the government to reassure businesses that China is open for private investment, and to reflect a more friendly regulatory environment to investors," Yang wrote in a <a href="https://www.smartkarma.com/insights/china-tmt-update-mar-28-xpev-lkncy-baba-jack-ma-appears-in-hangzhou" target="_blank" rel="noopener">Tuesday note</a> published on the Smartkarma research platform.Ma was once a high-profile jet-setter who was the face of China's Big Tech. But he has been lying low since October 2020 after giving a speech criticizing China's financial regulatory system.His words <a href="https://www.reuters.com/article/ant-group-ipo-suspension-regulators/how-billionaire-jack-ma-fell-to-earth-and-took-ants-mega-ipo-with-him-idUSKBN27L2GX" target="_blank" rel="nofollow noopener">angered the Chinese authorities,</a> prompting intense regulatory scrutiny of his businesses and a <a href="https://www.businessinsider.com/insider-guide-china-tech-crackdown-from-algorithms-to-crypto-mining-2021-10" rel="">crackdown on tech firms</a> in the country. This pressured Alibaba's share price, which fell by over 70% from its 2020 peak. Ma's wealth plummeted from a high of $61 billion in October 2020, to an estimated $32.5 billion now, according to the <a href="https://www.bloomberg.com/billionaires/profiles/jack-y-ma/" target="_blank" rel="nofollow noopener">Bloomberg Billionaires Index</a>. <h2>Since his disappearance, Ma was spotted in Japan and Thailand. </h2>There has been intense speculation about Ma's whereabouts since he first vanished from the limelight.In November 2022, <a href="https://www.businessinsider.com/alibaba-jack-ma-tokyo-japan-china-beijing-tech-crackdown-2022-11">Ma was spotted in Japan</a> where he socialized mainly within several private members clubs, per <a href="https://www.ft.com/content/2f7c7a10-2df3-4f1b-8d2a-eea0e0548713" target="_blank" rel="nofollow noopener">the Financial Times.</a> In January, he was spotted in <a href="https://www.businessinsider.com/jack-ma-appears-resurface-thailand-gives-up-control-ant-group-2023-1">Bangkok, Thailand</a>, where he patronized a Michelin-starred street food restaurant and watched a <a href="https://www.thestar.com.my/aseanplus/aseanplus-news/2023/01/06/jack-ma-seen-ready-to-spar-with-legendary-muay-thai-fighter-in-bangkok" target="_blank" rel="nofollow noopener">Muay Thai fight.</a> He also <a href="https://www.businessinsider.com/jack-ma-hong-kong-resurfaces-meets-finance-execs-2023-1">popped up in Hong Kong</a> in the later part of January.Ma stepped down as the <a href="https://www.businessinsider.com/alibaba-founder-jack-ma-steps-down-from-460-billion-empire-2019-9" rel="">chairman of Alibaba</a> in 2019. He still sits on the board of the Jack Ma Foundation, which he founded.The foundation did not respond immediately to Insider's request for comment.<a href="https://markets.businessinsider.com/stocks/baba-stock">Alibaba</a> shares on the New York Stock Exchange ended Monday 0.9% lower at $86.12 apiece and are down 2.2.% this year.

Jack Ma returned to China to visit a private school he founded, 2 years after he first vanished from public view amid Beijing's tech crackdown

Kathmandu [Nepal], June 27 (ANI): Chinese billionaire <keyword id="424838" type="General" weightage="100" keywordseo="Jack-Ma" source="Orion">Jack Ma</keyword> arrived in Nepal's capital Kathmandu on Tuesday afternoon, confirmed officials. The co-founder of the Chinese online trade platform, Alibaba, landed at Tribhuwan International Airport at around 2 pm (local time) today in his private Boeing 747 Max aircraft. "He landed in Kathmandu today in his private plane. He said that he flew from China to Nepal in the immigration form," Chief of Nepal's Immigration Department Jhalakram Adhikari told over phone. The Chinese billionaire who arrived with a seven-member team is staying at a hotel in Kathmandu. According to Adhikari, the Director General of the Department of Immigration, Jack Ma has been granted 15 days tourist visa and is scheduled to call on Nepal Prime Minister Pushpa Kamal Dahal. No official announcement has been made about the Chinese entrepreneur's arrival in Kathmandu and he hasn't demanded any security during his stay in the country. The reasons for his visit to Nepal also haven't been made public. Earlier this March, the Chinese magnate returned to mainland China after spending roughly a year overseas, according to people familiar with the matter as cited in The Wall Street Journal. Jack Ma, who spent the majority of the previous year in Japan, made a trip back to China, according to the sources quoted by WSJ. He had also visited Singapore and Australia and spent the most recent Lunar New Year in Hong Kong. According to a report in the Voice of America (VOA), after returning to China, Jack Ma visited the Yungu School, a private academy in Hangzhou funded by his Alibaba Group, which includes one of the world's biggest online commerce companies. At the school, he talked about "the future of education with the campus directors" and "the challenges and opportunities" that "new technological change brings to education," according to the school's WeChat account, the VOA report said. Jack Ma has maintained a low profile after Ant Group Co. cancelled initial public offerings in Hong Kong and Shanghai that were expected to raise more than USD 34 billion in November 2020, according to Wall Street Journal. The cancellations took place as authorities were angered over Jack Ma's remarks at a financial forum. Authorities then opened an investigation against Alibaba for allegedly engaging in anticompetitive activities on its e-commerce platform, and the company was ultimately slammed with a record-breaking USD 2.8 billion fine, the WSJ reported. Soon after, China began a broad regulatory crackdown on other private companies, increasing regulations on everything from video games and education to real estate. Jack Ma relinquished leadership of Ant Group in January this year after the company's shareholders approved a restructuring of business. The crackdown on the fintech operations of more than a dozen internet companies was "basically" over, according to the party chief at China's central bank, who made the statement on the same day, the WSJ report said. The American daily said that Jack Ma mostly disappeared from public view since giving a speech that criticised regulators on the eve of the cancelled Ant listing in 2020. (ANI)

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Alibaba founder Jack Ma spotted at a school in China after long absence

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Jack Ma returned to China to visit a private school he founded, 2 years after he first vanished from public view amid Beijing's tech crackdown

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Co-founder of Alibaba, Jack Ma arrives in Kathmandu

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