Why Alibaba is selling its gaming unit Lingxi Games for more than $2 billion
What it is about
Who published it, and when
1 report left out of the cascade - too little in common with the story to place
How it spread - 3 original reports
Mon, 17 August 2026
3 reports- news.az08:55
Alibaba and Trustar have reached a formal agreement following several rounds of negotiations, Reuters reported. Under the agreement, Alibaba will tra...
- South China Morning Post10:00first to report
Alibaba Group Holding has agreed to sell its wholly owned gaming business Lingxi Games to Trustar Capital as the Chinese technology giant pivots away from noncore sectors to prioritise e-commerce and artificial intelligence, according to an internal letter issued on Monday. “As part of Alibaba’s broader strategy to sharpen its focus, the group has decided to entrust Lingxi to Trustar Capital,” stated the letter seen by the South China Morning Post and signed by Lingxi CEO Zhou Bingshu. The...
- tportal (Croatia)14:10
Kineski tehnološki div Alibaba mogao bi uprihoditi više od dvije milijarde dolara prodajom svoje kompanije za razvoj videoigara Lingxi Games investicijskom društvu Trustar Capital, rekao je Reutersu izvor upućen u dogovor.