BABA Cuts Stake in GOGOX by 3.1M Shrs
Taobao China Holding, a subsidiary of BABA, reduced its stake in $GOGOX(02246.HK$ by a total of 3.1 million shares on 9 January on market, at an average price of $0.641 per share, involving $1.9871 million, according to the Hong Kong Stock Exchange's disclosure of interests.
Hence, the shareholding of Taobao China Holding in GOGOX is further lowered from 7.28% to 6.79%.
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