Tag: Jack Ma

  • Alibaba founder Jack Ma is back in China after a lengthy absence

    Alibaba founder Jack Ma is back in China after a lengthy absence

    Founder of Alibaba, Jack Ma, has reportedly reappeared at a school in Hangzhou after disappearing for three years.

    Since 2020, when the 58-year-old began to criticise China’s financial regulators, he has maintained a low profile.

    The most well-known Chinese billionaire to vanish during a crackdown on tech entrepreneurs was Mr. Ma.

    According to the South China Morning Post, he recently made his way back to China after spending more than a year abroad.

    He made a brief stopover in Hong Kong, where he met friends and also briefly visited Art Basel, an international art fair, according to the Alibaba-owned newspaper.

    It added that Mr 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.

    Mr Ma, a former English teacher, met staff and toured classrooms at the Yungu School 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.

    “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, Mr 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.

    In October 2020, Mr Ma told a financial conference that traditional banks had a “pawn-shop mentality”.

    The following month, Ant’s planned £26bn stock market flotation, which would have been the world’s largest, was cancelled at the last minute by Chinese authorities, who cited “major issues” over regulating the firm.

    Since then, there have been reported sightings of him in various countries including Spain, the Netherlands, Thailand and Australia.

    Last November, the Financial Times newspaper reported that Mr Ma had been living in Tokyo, Japan for six months.

    When Mr Ma first stopped making public appearances, it was rumoured that he had been placed under house arrest or had been otherwise detained.

  • COVID-19: Ghana takes delivery of second donation from Jack Ma and Alibaba Foundation

    Ghana has received the second tranche of Personal Protective Equipment (PPE) and COVID-19 test kits from Asian businessman, Jack Ma, and his Alibaba foundation.

    The equipments which touched base at the Kotoka International Airport, earlier today, will be used for the prevention, control, and treatment of the COVID-19 pandemic in the country.

    The donation includes ventilators, swabs and viral transport mediums, extraction kits, face shields, medical disposable protective clothing, medical gloves, and thermometer guns.

    Representatives from the Ministry of Health, the Chinese Embassy in Ghana, and the Noguchi Memorial Institute for Medical Research (NMIMR) were present at the handing over.

    Earlier in March, the Alibaba co-founder donated a total of 1.1 million testing kits, six million masks, and sixty thousand protective suits and face shields to all 54 African countries.

    Source: ABCNewsgh.com

  • Coronavirus: Jack Ma announces more donation to Africa

    Jack Ma, the founder of Alibaba Group, on Monday announced the donation of more medical equipment to Africa in the fight against the COVID-19 pandemic.

    The Chinese billionaire made the announcement on his verified Twitter handle.

    Ma twitted: “Our 3rd donation to Africa will immediately be made to @_africanunion and @AfricaCDC.

    “This includes 4.6 million masks, 500,000 swabs and test kits, 300 ventilators, 200,000 clothing sets, 200,000 face shields, 2,000 thermal guns, 100 body temperature scanners and 500,000 pairs of gloves.”

    Recall that Ma, through his foundation, had earlier made his first set of donation to the 54 African countries. He donated 20,000 test kits, 100,000 masks and 1,000 medical use protective suits and face shields.

    Ma also announced his second set of donation to the continent on April 6 which included 500 ventilators, 200 thousand suits and face shields, two thousand thermometers.

    Others are one million swabs and extraction kits and 500,000 gloves.

  • Ghana gets share of Jack Ma Foundations medical supplies for coronavirus

    Ghana has received its share of a consignment of medical equipment donated by the Jack Ma and Alibaba Foundations to help combat the spread of Coronavirus (COVID-19).

    This was announced by the Prime Minister of Ethiopia, Dr Abiy Ahmed.

    The Prime Minister is one of the persons behind the initiative which is providing over 1.5 million laboratory diagnostic test kits and over 100 tons of infection prevention and control commodities.

    In a tweet on Wednesday, the Prime Minister said: “This morning #Gabon, #Ghana, #Congo and the #DRC have received their #COVID19 prevention materials.The 2nd shipment of supplies from @JackMa & @AlibabaGroup containing 540k medical grade masks and 20k protective clothes is on its way to #Ethiopia. Dispatch to Africa will continue”.


    This relief initiative was launched by the Prime Minister of Ethiopia, Dr Abiy Ahmed, the Jack Ma Foundation, and Alibaba Foundation as part of actions towards implementation of the Africa joint continental strategy for COVID-19 led by the African Union through Africa CDC.

    Per the arrangements, Ethiopian airlines is to help distribute the equipment, consisting 20,000 laboratory diagnostic test kits, 100,000 medical masks, and 1000 protective suits and face shields, to each of the African member states as part of their contribution to the fight against COVID-19 in Africa.

     

    Source: rainbowradioonline.com