The Baillie Gifford team break down how their investing strategy delivered huge returns, that are worth more than Carl Icahn, on 3 stocks. betting big. Chinese e-commerce firm Alibaba Group Holding on Wednesday approved an additional $25 billion authorization to its share buyback program, after reporting lower-. 3) Never Give Up: Wow. Alibaba and Tencent are the big gainers of a $bn rally in Chinese tech stocks as the country reopens and a clampdown on the sector eases. ALIBABA APPROVES AN ADDITIONAL $25 BILLION SHARE BUYBACK AS ITS REVENUE DISAPPOINTS THE SUPER BOWL. Alibaba). The Economist has. While the success of the company Alibaba is now known by most, the real story is about Jack and the adverse challenges he overcame to go from a small dingy. Munger had no trouble recalling the dud that haunted him at the Daily Journal's meeting: Alibaba "was one of the worst mistakes I've ever. This story is from the Enero edition of ELLE MÉXICO. . For. Insightful story of how Jack Ma started Alibaba. It's fascinating to observe how, amidst regulatory challenges, betting enthusiasts are propelling this sector in innovative ways. Its logistics innovations are of interest because they advance future processes in transportation and the supply chain. It takes persistence, lots and lots of hard work, and betting big.