Alibaba (BABA) lowers stake in XPeng (XPEV)
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(Updated - December 12, 2023 4:09 PM EST)
Alibaba (NYSE: BABA) reported a 12.5% stake in XPeng (NYSE: XPEV) as of December 6th, 2023. The ecommerce giant previously had a 19% stake in the EV maker, as of August 2020 filing.
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