Alibaba Group is selling its gaming business, Lingxi Games, in a deal worth at least $1.5 billion, as it continues shifting toward artificial intelligence. Bloomberg reports the transaction is intended as part of Alibaba’s broader strategic pivot, with the proceeds supporting its AI priorities.
Free Malaysia Today and Bloomberg both describe the buyer as Trustar Capital, an Asian private equity firm. The reported acquisition covers the studio behind “Three Kingdoms: Strategy Edition.” The outlets frame the sale primarily as a portfolio change, though Bloomberg emphasizes the AI pivot more directly, while the other outlet focuses on the deal details and the specific gaming studio involved.
All sources agree on the core terms: Alibaba sells its gaming arm, Trustar Capital is the acquirer, and the deal value is at least $1.5 billion. The reporting differs mainly in emphasis, with one outlet linking the sale more explicitly to AI strategy and the other foregrounding the buyer and the gaming title associated with the unit.
