Alibaba founder Jack Ma is in Europe, reports South China Morning Post – Sciences et Avenir

(Reuters) – The founder of Chinese e-commerce giant Alibaba, Jack Ma, is in Europe on a study tour, the South China Morning Post reported on Tuesday, marking the country’s first overseas trip.

Jack Ma is currently in Spain on a study tour focused on agriculture and technologies related to environmental problems, the newspaper reports.

According to the Alibaba-owned newspaper, before flying to Europe, Jack Ma was in Hong Kong where he spent time with his family.

Alibaba was not immediately available for comment.

The businessman, who resigned as chairman of the group in 2019, has been extremely rare in public since a public intervention in October 2020, during which he criticized Chinese financial regulations.

Following these statements, Alibaba had to notably give up the IPO of its “fintech” subsidiary Ant Group, a highly anticipated operation estimated at $ 37 billion.

(Nivedita Balu report in Bangalore; French version Lucinda Langlands-Perry)

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