Alibaba Commits to Greater Buybacks, These Funds Offer Exposure
March 22, 2022 at 11:13 AM EDT
Chinese e-commerce giant Alibaba has announced that it will be increasing its share buybacks by $10 billion, growing from $15 billion now to $25 billion over a two-year period that ends March 2024, reports CNBC. Stocks for Alibaba jumped 11% at the news as the e-commerce company seeks to increase...