GameStop CEO Ryan Cohen hikes his personal stake in Alibaba to $1 billion, WSJ says newsthirst.
GameStop Chairman Ryan Cohen. CNBC 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. Citing people familiar with the matter, the Journal said the sizable stake in Alibaba is a bullish bet…