In the first quarter of 2025, Alibaba Group reduced its holding in Xpeng by 3.08 million shares, marking an 8.13% decrease. However, Alibaba still maintains a significant stake of approximately 34.87 million shares, which comprises 82.4% of its investment portfolio in Xpeng. This is not the first time Alibaba has adjusted its holding in Xpeng, having done so on multiple occasions in the past. Xpeng's 2024 financial report highlights a total revenue of 40.87 billion yuan, reflecting a robust 33.2% year-over-year growth, despite incurring a net loss of 5.55 billion yuan. More recently, Xpeng unveiled official images of its latest generation Xpeng P7, signaling ongoing innovation and development.
