In the past three months, Ali has reduced its holdings of 6.03 million fast dog taxi-hailing shares, or about HK $4969 million.

According to the latest information from the Hong Kong Stock Exchange on September 21, CTOnews.com, Alibaba reduced his holdings of 02246.HK 232400 shares on September 15, and the latest number of shares after the reduction was about 86.1129 million shares, with the latest shareholding ratio of 13.99%. Previously, on June 24, 2022, Alibaba held 92.1453 million shares of Kuaigou car-hailing, with a shareholding ratio of 14.97%. In the past three months, Alibaba has reduced his holdings of Kuaigou taxi-hailing shares by a total of about 6.03 million shares, or about HK $49.69 million at an average price of HK $8.24.

CTOnews.com learned that at the end of August this year, the interim performance report of Kuaigou Daxi in 2022 showed that in the six months ended June 30, 2022, the company realized revenue of about 349 million yuan, an increase of 15.5 percent over the same period last year, and that the company's equity holders lost about 1.049 billion yuan during the period, an increase of about 3.25 times over the same period last year.

As of June 30, 2022, there were about 29.2 million registered shippers and 5.6 million registered drivers. In the first half of 2022, 11.8 million consignment orders were completed on Kuaidou taxi-hailing platform, resulting in a total transaction value of 1.113 billion yuan.