A Chinese Tech Giant Expands Its Reach: Newberry Bakers Joins the Portfolio

In a surprising move, a Chinese tech company has just added a U.S. bakery to its growing collection of businesses. Dajialai Digital Technology Group Co., Ltd. has taken control of Newberry Specialty Bakers, Inc. This deal is part of a bigger plan by Dajialai to build a large network of companies under its umbrella.

Dajialai: Not Your Typical Tech Company

Dajialai is not your typical tech company. It focuses on creating smart city solutions. Imagine a city where everything is connected and runs smoothly thanks to technology. That's what Dajialai aims to achieve. It uses a unique model that combines product sales, on-site services, and talent development. This approach helps it create a self-sustaining ecosystem.

A Shopping Spree Since 2018

The company has been on a shopping spree since its founding in 2018. It has already acquired 68 mid-sized companies and plans to control 1,000 more by 2028. With over 150 provincial operations centers and 400 city-level joint venture centers, Dajialai has a vast network across China. It uses AI and big data to manage this network efficiently.

Why a Bakery?

But why would a tech company buy a bakery? It's all about expanding its reach and diversifying its portfolio. Newberry Specialty Bakers, Inc. is a small player in the U.S. market, but it could be a stepping stone for Dajialai's global ambitions.

Risks and Uncertainties

However, it's important to note that this deal comes with risks. The future is uncertain, and many factors could affect the outcome. Dajialai acknowledges this in its press release, cautioning investors about the potential risks and uncertainties.