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Founded by billionaire Jack Ma, Ant operates China's ubiquitous mobile payment app Alipay and undertakes consumer lending and insurance products distribution among other businesses. In mid-2020, before its IPO was pulled, it was valued by some investors at more than $300 billion.
Missing Chinese Entrepreneur Jack Ma Reappears After Months Jack Ma had kept out of public view ever since the Chinese administration launched multiple probes against Ant and Alibaba’s operations in a span of few days. File photo outlookindia.com 2021-01-20T14:19:24+05:30 China's highest-profile entrepreneur, e-commerce billionaire Jack Ma, appeared on Wednesday in a video posted online, ending a 2 1/2-month disappearance from public view that prompted speculation about his status and his business empire's future. In the 50-second video, Ma congratulated teachers supported by h...