Alibaba is selling its gaming studio for at least $1.5 billion to help fund AI buildout, mirroring Micron's exit from consumer business — dumps entire stake in Lingxi Games, which made 'Three Kingdoms: Strategy Edition'

Tom's Hardware
Aug 17, 2026, 11:39 am120 pts
Alibaba has agreed to sell its game development unit, Lingxi Games, to Asian private equity firm Trustar Capital, according to an internal staff memo sent Monday by Lingxi CEO Zhou Bingshu, per Reuters. A person familiar with the matter told Reuters that Alibaba stands to collect more than $2 billion from the…

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