Billionaire investor Ryan Cohen boosts stake in Alibaba to $1 billion, WSJ reports
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.
Cohen's sizable stake in Alibaba is a bullish bet on China's economic growth in the long run, The Wall Street Journal said.
GameStop CEO Ryan Cohen took to social media earlier this week to blame “wokeness and DEI” for his company’s decline.
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