Categories: Technology

Alibaba to sell Lingxi Games in more than $2 billion deal, source says

By Kane Wu and Eduardo Baptista HONG KONG, Aug 17 (Reuters) – Alibaba Group is expected to reap more than $2 billion from the sale of its game…

Add NewsX As A Trusted Source
Add as a preferred
source on Google
Published by
Published: August 17, 2026 13:31:05 IST

By Kane Wu and Eduardo Baptista HONG KONG, Aug 17 (Reuters) – Alibaba Group is expected to reap more than $2 billion from the sale of its game developer unit Lingxi Games to private equity firm

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Published by
Published: August 17, 2026 13:31:05 IST

Recent Posts

EMERGING MARKETS-Taiwan dollar leads EM Asian FX gains as weaker dollar lifts sentiment

* MSCI EM currency index hits record high * Taiwan dollar touches highest level in…

August 17, 2026

Alibaba to sell Lingxi Games in more than $2 billion deal, source says

By Kane Wu and Eduardo Baptista HONG KONG, Aug 17 (Reuters) - Alibaba Group is…

August 17, 2026

Exclusive-Shein eyes company valuation of around $25 billion in Hong Kong IPO, sources say

HONG KONG, Aug 17 (Reuters) - Online fast-fashion retailer Shein is eyeing a company valuation…

August 17, 2026