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flag Ryan Cohen, GameStop CEO, invests $1 billion in Alibaba, betting on China's economic growth.

flag Billionaire and GameStop CEO Ryan Cohen has increased his investment in Alibaba to about $1 billion, signaling optimism about China's economic future. flag The move follows Alibaba's recent strong profit growth. flag Cohen, known for leading a turnaround at GameStop, believes Alibaba's stock is undervalued and has previously urged the company to increase share buybacks.

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