Alibaba chairman, CEO buy $15.3M in shares after $10.2B AI funding deal

source: news (news:seeking-alpha)published 2026-08-25 07:26ingested 2026-08-25 08:15

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Alibaba chairman, CEO buy $15.3M in shares after $10.2B AI funding dealAug 25, 2026, 3:26 AM ETAlibaba Group Holding Limited (BABA) StockBy: Preeti Singh, SA News EditorRobert Way/iStock Editorial via Getty ImagesAlibaba Group (BABA) executives, including co-founder and chairman Joseph Tsai, bought over 1.1M shares worth about $15.3M on Monday, according to U.S. Securities and Exchange Commission filings. Tsai purchased 720,000 shares at an average of $14.29, worth about $10.3M, while CEO Eddie Wu

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