18.1 C
Thursday, December 2, 2021

Rumors on rumors, billionaire Jackma disappeared for 2 months; Gave this message

Jack Ma’s troubles began after criticism from Chinese President Xi Jinping.

People have come to know about Chinese giant e-commerce company Alibaba and Jack Ma, founder of fintech company Ant. Some time ago no one was getting information about him since the beginning of the bilateral Jack Ma from the Chinese government. Now a video of him has surfaced. The first information was found on a local blog.
Jack Ma interacted with teachers at an online conference on Wednesday. It is an annual event through which Jack Ma provides a platform for the achievements of teachers from rural areas. Problems had started coming in front of Chinese President Xi Jinping last year.

Message given to teachers in the video

In his 50 second video, Jack Ma has spoken in front of the camera. However, it is not clear from where he was speaking. In the video, Ma addressed the rural teachers who won the ‘Jack Ma Rural Teachers Award’ and said that due to the epidemic (Corona), it is not possible to meet in Sanya. The Jack Ma Foundation honors teachers with this award during a ceremony in Sanya, a city off the coast of China. He said that after the end of the epidemic, time will be taken to arrange a visit for all the people to Sanya and all the people will meet again.

Jack Ma was missing since last three months

After Jack Ma comes to the fore, rumors related to him will come to an end. Jack Ma had not been present to the public since November 2020 last year, causing constant rumors. The Chinese regulator suspended the $ 3500 million (Rs 2.6 lakh crore) IPO of his fintech company Ant. Also ordered overhauling of Ant and started antitrust investigation for Alibaba.

Also read- Joe Biden’s swearing-in today, will become America’s 46th President

Problems started after criticizing President Jinping

The Chinese regulator’s decision came at a time when Ma criticized Chinese President Xi Jinping in a public forum in October. Jack Ma had asked the government to make changes in a system that attempts to suppress the effort to introduce new things in the business. He called the global banking rules ‘old people’s club’. After this speech, a lot of anger was seen in the ruling Communist Party of China. After this, many kinds of sanctions started against Jack Ma’s business.

Business Khabar
We aim to constantly bring to you all the latest and most updated industry news across all major categories. With a wide variety of topics and categories under our umbrella, we bring to you the latest news and activities in the top sought areas of public interest.
Latest news
- Advertisement -
Related news
- Advertisement -


Please enter your comment!
Please enter your name here