Alibaba CEO Wu Yongming Buys $4.98M in BABA Stock

Stock ticker graphic showing BABA with an insider buy transaction highlighted

A newly filed Form 4 shows Wu Yongming, Chief Executive Officer of Alibaba Group Holding Ltd (BABA), purchased 350,000 shares of the e-commerce and cloud computing giant on the open market on August 24, 2026. The transaction, paid for with Wu’s own funds rather than acquired through options or equity awards, was priced at $14.24 … Read more