Ryan Cohen still has his sights set on Alibaba Group and has been building up his position in the Chinese e-commerce behemoth.

Billionaire investor Ryan Cohen has increased his personal stake in Chinese e-commerce giant Alibaba Group to roughly $1 billion in recent months, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

Cohen, the CEO of GameStop and a hero among the meme stock crowd, has grown his bullish bet on the Chinese tech giant to $1 billion, the Journal reported.