PRIMECAP Management acquired 18.7M Alibaba Group Holding shares worth $2.27B. That's 1.40% of their equity portfolio (17th largest holding). The first Alibaba Group Holding trade was made in Q3 2014. Since then PRIMECAP Management bought shares 23 more times and sold shares on 23 occasions. The stake costed the investor $1.99B, netting the investor a gain of 14% so far.
Alibaba Group (NYSE: BABA) executives emphasized accelerated momentum in cloud and artificial intelligence, alongside continued heavy investment in its fast-...
GF Fund Management CO. LTD. cut its holdings in Alibaba Group Holding Limited (NYSE: BABA) by 95.2% in the third quarter, according to the company in its mos...
Aubrey Capital Management Ltd lowered its position in shares of Alibaba Group Holding Limited (NYSE: BABA) by 31.1% in the third quarter, according to its mo...
Alibaba Group Holding Limited's core China Commerce and Cloud businesses are accelerating, with Cloud revenue up 18% YoY and strong operating income growth. ...