Alibaba's Taobao China Holding Limited, plans to sell 33 million shares of Xpeng Motors' ADS, with a total value of approximately $314 million.
Xpeng said in an HKEX announcement that it terminated an agreement with Taobao China entered into in June 2021 for the appointment of the Alibaba candidate as a director.
![Alibaba's Taobao China Holding Limited, plans to sell 33 million shares of Xpeng Motors' ADS, with a total value of approximately $314 million.](https://sgsnsimg.moomoo.com/sns_client_feed/102398087/20240322/bfe5b17e38a64bfaa3e67750f749fe1e.jpg/big?area=101&is_public=true)
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