Jack Ma's ten businesses that lost money
No one succeeds easily
① Invested in Hema Fresh, lost 35 billion.
② Acquired Tudou Video, lost 4 billion.
③ Invested in Huayi Brothers, lost 9 billion.
④ Acquired Ele.me, lost 70 billion.
⑤ Invested in Evergrande Football, lost 1.5 billion.
⑥ Acquired RT-Mart, lost 18 billion.
⑦ Invested in unmanned supermarkets, failed, lost a huge amount of money (the specific amount is difficult to estimate, probably 40 billion).
⑧ Acquired Youku Video, lost 5 billion.
⑨ Acquired UC Browser, lost 5 billion.
⑩ Invested in Suning.com, lost 25 billion