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https://i-invdn-com.investing.com/trkd-images/LYNXMPEJ0F0LW_L.jpg(Reuters) – Activist investor Ryan Cohen has built a stake in China’s Alibaba (NYSE:BABA) 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.