BABA Reduces Stake in GOGOX Again, Cashing Out $423K

According to the Stock Exchange's disclosure of interests, BABA reduced its stake in GOGOX by 838,400 shares at an average price of $0.5045 per share on 22 December, cashing out about $423,000 and reducing its stake to 8.89%.

BABA also reduced its stake in GOGOX on 12 December and 15 December. The first selling involved 4.7176 million shares at an average price of $0.6534 per share, involving around $3.0825 million. The second selling involved 1.3694 million shares at an average price of $0.551 per share, involving about $754,000.