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Monday, April 29, 2024

‘Jack Ma’ comeback invests 10 million yuan to enter the instant food business.

On November 25, 2023, the Nikkei Asia news agency reported that Jack Ma, a Chinese billionaire, Started a business selling instant food.

By Jack Ma is the founder of Alibaba Group Holding, China’s leading e-commerce company.

After resigning from Alibaba’s board in 2020, Jack Ma relaunched his company in China. With an investment worth 10 million yuan or approximately 50 million baht.

For Jack Ma’s new company, it is a business related to ready-made cooked food. Under the name “Hangzhou Ma’s Kitchen Food” translated into Thai is “Ma’s Kitchen”

At present, the ready-to-eat food industry in China It has sales of 510 billion yuan (or approximately 2.5 trillion baht) and is likely to increase in the future. Because since the COVID-19 crisis In the past, it has made Chinese people prefer to stay at home more.

Not only that, Jack Ma also visited the aquaculture research center of Kindai University in Japan and visited agricultural businesses in many countries such as Japan, the European Union, and Thailand as well.

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