Jack Ma diversified Alibaba's interests into cloud computing, digital payments (Alipay), entertainment (Alibaba Pictures), and logistics (Cainiao Network). He is now reported to have invested an initial capital of 10 million yuan ($1.4 million) in a small company called Hangzhou Ma's Kitchen Food . Since 2020, when Beijing increased its oversight of Ma&#X27's companies, Alibaba and Ant Group Co. there has been widespread interest in his activities .