REGULATION
Coverage Timeline
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REGULATION$2B+ divestiture
Alibaba Sells Gaming Studio Lingxi for $2B to Fund AI
Alibaba agreed to sell gaming studio Lingxi Games to Trustar Capital for more than $2 billion, redirecting capital and management attention toward the $53 billion AI and cloud buildout it pledged in June 2026.
DEEP DIVE
BIG TECH
Alibaba's $1.5B Gaming Sale Bankrolls Its AI Pivot
BIG TECH$1.5B+
Alibaba's $1.5B Gaming Sale Bankrolls Its AI Pivot
Alibaba is selling its gaming studio Lingxi Games to private equity firm Trustar Capital for more than $1.5 billion, the clearest sign yet that CEO Eddie Wu is stripping the conglomerate down to AI and cloud.
DEEP DIVE