Alibaba gains $13 billion in value after billionaire co-founders Jack Ma and Joe Tsai give 'show of confidence' by buying $200 million worth of shares
Alibaba, the beleaguered Chinese e-commerce giant, is getting a boost from its billionaire co-founders. The tech giant is facing consumption worries in its domestic market, intense competition from e-commerce upstarts, and fallout from geopolitical friction between Washington and Beijing, sending…
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