News list for " babachi"

GameStop CEO increases Alibaba stake to $1 billion

GameStop CEO Ryan Cohen has increased his personal stake in Alibaba to 7 million, worth about $1 billion. The news comes after Alibaba's fourth-quarter profit surged, with shares surging 8.1 per cent on Thursday on strong growth in cloud intelligence and ecommerce.

clock
2025-02-20 22:41:59
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.