Alibaba (BABA) Sold 5M Momo (MOMO) Shares

November 15, 2016 4:25 PM EST

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In an amended 13D filing, Alibaba (NYSE: BABA) disclosed that on Nov. 10 it disposed of an aggregate of 5,000,000 Momo (NASDAQ: MOMO) ADSs at $22.16 per ADS through brokered trading transactions.

Alibaba continues to own 67,749,140 Momo shares.

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