CGRO - What's Going On With Alibaba Stock Thursday? | Benzinga
Alibaba Group Holding Limited (NYSE:BABA) stock continued to gain on Wednesday’s report, citing co-founder Jack Ma expressing solidarity with the company’s restructuring under the leadership of Chairman Joseph Tsai and CEO Eddie Wu.
Ma, in a very positive tone, urged the employees to keep up with artificial intelligence technology, pivotal in the changing e-commerce landscape as Alibaba battled intense competition with PDD Holdings Inc (NASDAQ:PDD), the Nikkei Asia reports.
The 59-year-old Ma helmed Alibaba for nearly two decades as Chair until 2019. He disappeared from the public ...