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Alibaba’s Ma in Europe on study tour- SCMP

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Founder and Chairman of Chinese language web large Alibaba Jack Ma offers a speech at Paris’ excessive profile startups and excessive tech leaders gathering, Viva Tech, in Paris, France Could 16, 2019. REUTERS/Charles Platiau

Oct 19 (Reuters) – Alibaba Group Holding Ltd founder Jack Ma is in Europe on a research tour, South China Morning Submit reported on Tuesday, making it the Chinese language billionaire’s first journey overseas in over a 12 months.

Ma, who has largely been out of public view since a speech final 12 months during which he publicly criticized China’s regulatory system, is in Spain for a research tour on agriculture and know-how associated to environmental points, the stated, citing a supply aware of Ma’s schedule.

He was in Hong Kong spending “non-public time” with this household earlier than flying to Europe, in accordance with SCMP, which is owned by Alibaba.

Alibaba was not instantly obtainable for a remark.

Ma, a globe-trotter not identified to draw back from the limelight, retired as Alibaba’s chairman in 2019.

His empire got here underneath heavy scrutiny by Chinese language regulators following the speech, that even led to the suspension of Ant Group’s $37 billion blockbuster IPO.

Reporting by Nivedita Balu in Bengaluru

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