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