Alibaba Group — Lingxi Games
Tracked across 1 events · 8 articles · First seen Aug 17, 2026 · Last active Aug 20, 2026
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Alibaba Group is selling its gaming subsidiary Alibaba Group — Lingxi Games to Asian private equity firm CITIC Capital in a deal valued at more than $1.5 billion. The transaction, reported by Bloomberg News and…
Impact: Alibaba Group — Lingxi Games is the divested entity, transferring ownership to Trustar. The sale may provide operational independence and new growth opportunities, though it faces concentration risk from its flagship title.
Aug 17, 2026 · 8 articles
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CITIC Capital agreed to acquire Alibaba Group — Lingxi GamesAlibaba sells Lingxi Games...
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Alibaba Group — Lingxi Games transferred ownership CITIC CapitalAlibaba sells Lingxi Games...
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Alibaba Group sold gaming unit Alibaba Group — Lingxi GamesAlibaba profit plunges 75%...
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