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Alibaba’s Bold Actions – $4.8B Stock Repurchase and Revolutionary One-Hour Global Delivery Plan

Alibaba Group boosts its share buy-back program to $4.8 billion, marking its boldest move since 2021 to counter stock downturns. The e-commerce giant surpasses its 3% target, repurchasing 524 million shares as it navigates competitive pressures and eyes a robust fiscal future with nearly $92 billion in cash reserves.

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