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Chinese billionaire Jack Ma appears publicly for first time since October in video speech

Beijing, China – Alibaba founder Jack Ma appeared for the first time since the end of October in a video message distributed by Chinese state media on Wednesday.

Chinese business magnate Jack Ma (56) is one of the richest people in the world.
Chinese business magnate Jack Ma (56) is one of the richest people in the world.  © imago images / Xinhua

In the video message, the 56-year-old is seen addressing 100 teachers in rural areas, according to the reports.

Ma also announced plans to engage in philanthropic endeavors, moreso than he has before.

"In these days, I have been learning and reflecting together with my colleagues. We are now even more determined to dedicate ourselves to education and charity," Ma was quoted as saying in his address at an annual event held by his foundation.

The founder of the online giant had not made any public appearances since the end of October, after he sharply criticized Chinese regulators in a speech.

There was speculation about his disappearance afterwards.

At the beginning of November, Chinese authorities halted a planned initial public offering (IPO) of Alibaba's financial subsidiary Ant Group, citing legal changes.

It had been billed as the biggest IPO of all time.

In December, Chinese regulators launched an antitrust probe into Alibaba Group, citing "alleged monopolistic behavior."

Cover photo: imago images / Xinhua

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