With investment in fishery and agriculture, Jack Ma turns to farming: Report

Jack Ma, the founder and former chairman of Alibaba Group Holding, is venturing into the fishery and agriculture sectors in China through a newly-established start-up. The start-up, named "1.8 Meters Marine Technology (Zhejiang) Co," was incorporated in Hangzhou, Zhejiang province, with a registered capital of 110 million yuan (US$15 million), the South China Morning Post (SCMP) reported.

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.