Ryan Cohen still has his sights set on Alibaba Group and has been building up his position in the Chinese e-commerce behemoth.

(Reuters) -Billionaire investor Ryan Cohen has grown his personal stake in Chinese e-commerce giant Alibaba Group to roughly $1 billion in recent months, the Wall Street Journal reported on Thursday,

Investing.com -- Ryan Cohen, known for his influential role in the meme-stock rallies during the pandemic, has continued to increase his investment in Alibaba (NYSE: BABA) Group. According to Wall Street Journal sources, his personal stake in the Chinese e-commerce giant now stands at approximately $1 billion, equivalent to around 7 million shares.

GameStop CEO and billionaire investor Ryan Cohen has increased his personal stake in Chinese e-commerce giant Alibaba to roughly 7 million shares worth about $1 billion, the Wall Street Journal reported Thursday.

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