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الاقتصادية
Alibaba divests Lingxi Games for over two billion
Alibaba Group plans to sell its entire stake in the gaming development company, Lingxi Games, to private equity firm Tristar Capital for over two billion dollars. This move is part of its review of non-core assets and its shift in investments toward artificial intelligence and cloud computing. The company confirmed that Lingxi Games's management will continue to lead the company after the sale, although no completion date or organizational details have been disclosed. This step is part of Alibaba's strategy to reallocate resources to strategic areas, while the gaming company continues its operations normally.
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