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Search resuls for: "Hangzhou Dajingtou"


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Alibaba cofounder Jack Ma just set up a new company called "Hangzhou Ma's Kitchen Food," per media reports. AdvertisementFor years, Alibaba cofounder Jack Ma has been the poster boy for China's tech industry — but it looks like he's moving on to the food business. On Wednesday, Ma incorporated a company called "Hangzhou Ma's Kitchen Food" in the city where Alibaba is based, according to media reports. Hangzhou Ma's Kitchen Food is wholly owned by Ma's investment vehicle, Hangzhou Dajingtou. His foundation, the Jack Ma Foundation, did not immediately respond to a request for comment from Business Insider.
Persons: Jack Ma, It's, Ma, , He's, Supakit Chearavanont Organizations: Alibaba, Service, China Morning Post, National Enterprise, and Culture, Tokyo College, Charoen, Business Locations: Hangzhou, Alibaba, Hangzhou Dajingtou, Beijing, Spain, Netherlands, Japan, Thailand
“Ma’s Kitchen” has registered capital of 10 million yuan ($1.4 million), the system showed. 22 Arts and Culture, of which Jack Ma has 99.9% ownership, according to Qichacha, a corporate data provider in China. The new firm has not publicly provided details on its business model, or what kind of food it will sell. The Jack Ma Foundation did not immediately respond to a request for comment on Monday. Jack Ma seen in Shanghai in 2018.
Persons: Taipei CNN —, Jack Ma, , Ma’s, Ma, , Ben Cavender, Aly Song, Cavender Organizations: Taipei CNN, National Enterprise, and Culture, Euromonitor International, China Market Research, CNN, Locations: Hong Kong, Taipei, Hangzhou, China, Shanghai
Alibaba cofounder Jack Ma has invested in a new agrotech company in China. Ma largely vanished from public view since angering Beijing with a critical speech in October 2020. During his disappearance, Ma traveled the world and studied agrotech. Alibaba cofounder Jack Ma is leading an active retirement. Ma, a teacher turned tech titan, retired from Alibaba in 2019 but still sits on the board of the Jack Ma Foundation.
Persons: Jack Ma, Ma Organizations: Morning, South China Morning, Marine Technology, Culture Co, Tokyo College, Alibaba, Jack Ma Foundation Locations: China, Beijing, Hong Kong, Tokyo, Tianyancha, Zhejiang, Hangzhou, Spain, Netherlands, Japan, Thailand
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