Revenues Rise at Alphabet’s Biggest ‘Other Bet’ But So Do LossesRead Now

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Reuters: Jack Ma Wrote Letter To China’s President Offering to Devote His Life to Rural Education

By
Shai Oster
· · Source: Reuters

After China’s crackdown on his sprawling finance and e-commerce empire, billionaire Alibaba founder Jack Ma sought to win back the government’s favor. One way was to write a letter to China’s President Xi Jinping pledging to devote his life to rural education. It’s unclear when Ma wrote the letter or what was Xi’s reaction to it, according to Reuters. Xi has made reducing income inequality one...

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