Cohen's sizable stake in Alibaba is a bullish bet on China's economic growth in the long run, The Wall Street Journal said.

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.

GameStop CEO Ryan Cohen took to X on Tuesday to blame wokeness and DEI for the retail chain’s impending exit from Canada and France. The company, which managed to survive the pandemic thanks to the infamous memestock frenzy, has closed more than 700 stores since 2020 as more game distribution moves digital.

GameStop CEO Ryan Cohen derided “wokeness and DEI” as the video game retailer giant seeks to sell operations in France and Canada. The company announced in a Tuesday release that as a part

GameStop is selling its operations in Canada and France. CEO Ryan Cohen, in a tweet, indicated the decision was politically motivated more than financially, citing “High taxes, Liberalism, Socialism, Progressivism, Wokeness and DEI” in a tweet.