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

Lucid's third-quarter deliveries miss estimates as it cuts output to run down inventory

Oct 5 (Reuters) - Lucid Group's third-quarter deliveries fell short of Wall Street estimates on…

October 6, 2026

Croatia and Spain prepare for their UEFA Nations League match in Split

VIDEO SHOWS: SPAIN HEAD COACH, LUIS DE LA FUENTE AND SPAIN MIDFIELDER, DANI OLMO SPEAKING…

October 6, 2026

CORRECTED-US Supreme Court rejects Nexstar bid to avoid DirecTV lawsuit over fees

(Corrects paragraph 7 to fix name of plaintiff company, DirecTV instead of Nexstar) * DirecTV…

October 6, 2026