Billionaire investor Ryan Cohen boosts stake in Alibaba to $1b

Billionaire investor Ryan Cohen boosts stake in Alibaba to $1b

Alibaba group logo is seen in this illustration taken, February 11, 2025. REUTERS/Dado Ruvic/Illustration/File Photo

Billionaire investor Ryan Cohen has increased his personal stake in Chinese e-commerce giant Alibaba Group to roughly $1 billion in recent months, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

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