HHB Music House, a pub in Hangzhou, Zhejiang province, once thought to be owned by Jack Ma, founder of e-commerce giant Alibaba, has caught on recently.

"I want to provide a space for everyone with good wine, music, and friends, rather than making money," Jack Ma said on the bar's opening party.

The newly opened bar, which means Happy Honey Badger or Health & Happiness Bar, according to Alibaba's social media account, is owned by six executives from the company, but not Jack Ma, news outlet Red Star News reported.