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GameStop CEO Ryan Cohen Increases His Alibaba Stake to $1 Billion

Summary by digitalmarketreports.com

Alibaba’s shares soared by 8.1% on Thursday following significant developments involving its founder, Jack Ma, and influential investor Ryan Cohen. Jack Ma recently attended a closed-door meeting with Chinese President Xi Jinping, where Xi urged private enterprises to “show their talents” and bolster confidence in what he described as a “new era.” Meanwhile, Cohen, CEO of GameStop and a prominent billionaire investor, increased his personal stak…

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digitalmarketreports.com

GameStop CEO Ryan Cohen Increases His Alibaba Stake to $1 Billion

Alibaba’s shares soared by 8.1% on Thursday following significant developments involving its founder, Jack Ma, and influential investor Ryan Cohen. Jack Ma recently attended a closed-door meeting with Chinese President Xi Jinping, where Xi urged private enterprises to “show their talents” and bolster confidence in what he described as a “new era.” Meanwhile, Cohen, CEO of GameStop and a prominent billionaire investor, increased his personal stak…

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digitalmarketreports.com broke the news in 18 days ago on Monday, February 24, 2025.

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