- Alibaba cofounder Jack Ma recently invested in an agrotech startup in China.
- Ma has largely disappeared from the public eye since he angered Beijing with a critical address in October 2020.
- Ma traveled to the globe and studied agrotech during his disappearance.
Jack Ma, co-founder of Alibaba and a leading retiree, has taken an active approach to retirement.
After landing Teaching jobs in Hong Kong and Tokyo the 58-year-old Ma recently invested in a new farm tech company, according to a Monday report fromYou can also find out more about the following: South China Morning PostCiting information from Tianyancha a provider of company data.
The agrotech startup called “1.8 Meters Marine Technology (Zhejiang) Co” was incorporated on July 20 in Hangzhou city — home to his tech crown jewel Alibaba and China’s answer to Amazon. Hangzhou Dajingtou No., one of Ma’s holding companies for investment, was incorporated on July 20. According to the SCMP, 22 Arts and Culture Co. has a 10% share in the startup.
Ma’s new business venture comes just under three years after his disappearance from public view. He Chinese authorities angeredAfter an October 2020 address in which he criticised China’s financial regulation system and claimed Chinese bankers operated with a pawnshop mentality. His words prompted intense regulatory scrutiny of his businesses and a wider Crackdown on tech companies in China.
Ma’s years-long absence was accompanied by a travelogue that focused on studying agrotech.
Ma spent October 2021 in Spain studying agriculture and technology related environmental issues. SCMP reported at the time, citing an unnamed source familiar with Ma’s schedule. He has traveled to other countries. Netherlands, Japan,The following are some examples of how to get started: ThailandAccording to SCMP, it is important that you study agrotech.
This year in May, Ma has taken up a teaching post at Tokyo CollegeTokyo College stated in an The announcement was made by.
Ma, the former teacher who became a tech titan, has retired from Alibaba but remains on the board of The Jack Ma Foundation. The Jack Ma foundation did not immediately reply to Insider’s request for a comment.