With a capital of 10 million yuan ($1.39 million), Hangzhou Ma's Kitchen Food, the new company, was inaugurated last week in China. Specialized in the preparation and delivery of ready-cooked meals, it is tapping into a global trend that has increased sharply with the pandemic, particularly in China, where Covid-related restrictions have been stretched over time. The company is also betting on the processing and sale of agricultural products. 

While he distanced himself from the first companies he founded, to comply with the wishes of his government, the troublesome Jack Ma had kept a low profile in recent years. Living outside China, he is said to have used his time to study agricultural technologies in several countries, including Japan. According to the Asian daily, he invested in a start-up specializing in aquaculture, and this investment set him on the path to his new company.