© Reuters. FILE PHOTO: The logo of Alibaba Group is seen at its office in Beijing, China Jan. 5, 2021. REUTERS/Thomas Peter
(Reuters) – Activist investor Ryan Cohen has built a stake in China’s Alibaba (NYSE:) Group Holding Ltd worth hundreds of millions of dollars, the Wall Street Journal reported on Monday, citing people familiar with the matter.
Cohen is privately pushing the Chinese e-commerce giant to accelerate and further boost its share repurchase program, the newspaper reported.
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