Jack Ma, who no longer appears openly in public, was recently reported to have lived in Tokyo for a long time. Well apparently recently, he was in Thailand. What did the Alibaba founder do there?
Jack Ma, who is said to be about to relinquish his control over the fintech company Ant Group, is traveling in Bangkok. The Instagram account of famous chef Supinya 'Jay Fai' Junsuta, shows her posing with Jack Ma.
"We are honored to welcome you and your family to Jay Fai's," he wrote. The restaurant is very popular overseas and has received a Michelin star.
Local media reported that Jack Ma dined at the restaurant with Supakit Chearavanont, CEO of the Board of Charoen Pokphand Group (CP Group) and Charoen Pokphand Foods, Thailand, Thailand's largest agribusiness group.
Yes, apparently one of Jack Ma's missions in Thailand was to study agricultural technology. Previously in Europe and Japan, he also studied this in order to help farmers in China to be more productive.
As quoted by us from Reuters, Jack Ma was also reported to have attended his boxing match at the Rajadamnern Stadium. His arrival in Thailand coincided with the news that he was no longer in control of Ant Group.
The change was announced after shareholders agreed to reshape the voting structure at the company. After this change, Ant Group said there would be no single person with full control over the company. Ma currently holds 50% control of the Ant Group, but after the restructuring will have the remaining 6.2%.
Jack Ma controls the Ant Group through the shares he holds and often acts with other shareholders. But Ant Group said shareholders agreed to no longer act together when exercising their voting rights, and would only vote independently.