Like Bytedance, Alibaba might enter Smart Gadget Education Market

Vicky Li
May 30, 2021

According to “SSE STAR MARKET Daily”on May 29th , recently Zhejiang Maojing (Magic Mirror) Artificial Intelligence Technology Co., Ltd. was newly established. The legal representative of the company is Ku Wei, with a registered capital of 50 million RMB (8 million dollars).

Its business scope includes sales of artificial intelligence hardware, education and consulting services, etc. According to public information, Ku Wei currently serves as the general manager of the Tmall Genie Division — the smart speaker business for Alibaba. Tmall Genie responded that this change is part of the company’s normal operation and management behavior, and it is considering launching smart hardware products.

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Vicky Li
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Internet Veteran in US and China