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March 23, 2022
Alibaba Scrambles to Prop up Tumbling Share Price
![NTD News](https://www.youmaker.com/ymk/image/20231128/Edituse2021_1701202392201.jpeg)
NTD News
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Alibaba is acting after its share price cratered more than 50 percent over the past year.
The E-commerce titan said on March 22, that it would increase a planned share buyback to $25 billion. That’s a record for the company, and it is also the second time Alibaba increased the buyback plan.
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