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Monday, 17 August 2026

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Alibaba’s US$1.5 Billion Gaming Sale Sharpens Strategic Focus on AI

By TLA AI Editor3 min read

Hangzhou, China, 17 August 2026 – Alibaba Group is selling its gaming arm in a transaction worth at least US$1.5 billion, sharpening the Chinese technology group’s effort to concentrate resources on artificial intelligence and other strategic priorities.

Asian private-equity firm Trustar Capital has agreed to acquire Lingxi Games. An internal communication from the gaming company described the transfer as a way to give both Alibaba and Lingxi greater focus, although detailed transaction terms and the completion timetable were not disclosed publicly.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.