Thursday, 07 January 2021 05:14

Jack Ma reveals what he’ld do if Chinese govt asked him for data on Alibaba’s users

Rate this item
(0 votes)

Alibaba founder Jack Ma is not missing following speculation about his whereabouts, CNBC reported Tuesday. Ma is reportedly "lying low for the time being" as the Chinese Communist Party cracks down on Alibaba and Ma's financial tech firm, Ant Group. Over the weekend, Yahoo Finance reported that Ma had been missing from the public eye for two months after China pulled Ant Group's IPO in early November.

In 2014, Ma told 60 Minutes about how Alibaba walks a fine line with Beijing, trying to remain independent while benefiting from China's government policies that make it difficult for foreign competitors to operate there.

"I have a very strict talk to my teams. Never, ever do business with government," Ma said. "So, we never do projects for government. If they come to us and say, 'Jack, can you help with this?' Good, I will introduce friends to you who are interested in doing that. Or, if you wanted me to do it, I will do it free for you. Just one, next time don't come to me again. Don't. Because of that, we keep very good love-relationship with the government."

Ma also spoke about how he had gathered more information on Chinese citizens than anyone else in the country. Information that the Chinese government could ask Ma for at any time.

"We have a very strict process working with the government," Ma said. "If they want to do it, it's related with the national security, we'll work together. Any country, any citizen, anywhere, you have to work. I believe Google has to with the national security of the USA, Facebook has to do it. Alibaba would definitely have to do it."

 

CBS News

April 18, 2025

UK Appeal Court upholds $380m judgment against Nigeria LNG

Nigeria LNG Limited (NLNG) has lost its appeal in a London court, cementing a $380…
April 17, 2025

Afenifere accuses Tinubu of ‘destructuring’ Nigeria, demands urgent reforms

Pan-Yoruba socio-political group, Afenifere, has criticized President Bola Tinubu’s administration, accusing it of dismantling the…
April 16, 2025

A strategy to get more done—and feel less stressed

For some people, the expression “You have as many hours in the day as Beyoncé”…
April 06, 2025

Excavation near site where Jesus was crucified and buried results in ancient discovery

Proof of an ancient garden, consistent with biblical scripture, has emerged at the holiest site…
April 17, 2025

Terrorists kill 144 in Plateau, Benue in 14 days, Vanguard reports

No fewer than 144 persons have been killed by herdsmen in the two north central…
April 18, 2025

What to know after Day 1149 of Russia-Ukraine war

WESTERN PERSPECTIVE Zelenskiy accuses China of supplying Russia with weapons Ukrainian President Volodymyr Zelenskiy said…
April 15, 2025

Is it finally safe to ditch your phone case? I put it to the test

Thomas Germain With smartphones tougher than ever, a new wave of phone minimalists say cases…
January 08, 2025

NFF appoints new Super Eagles head coach

The Nigeria Football Federation (NFF) has appointed Éric Sékou Chelle as the new Head Coach…

NEWSSCROLL TEAM: 'Sina Kawonise: Publisher/Editor-in-Chief; Afolabi Ajibola: IT Manager;
Contact Us: [email protected] Tel/WhatsApp: +234 811 395 4049

Copyright © 2015 - 2025 NewsScroll. All rights reserved.