14 August 2026

Sources: Alibaba is nearing a deal to sell its Lingxi Games to PE firm Trustar Capital at a potential $1.5B+ valuation, as Alibaba continues its reorganization (Bloomberg)

Bloomberg:
Sources: Alibaba is nearing a deal to sell its Lingxi Games to PE firm Trustar Capital at a potential $1.5B+ valuation, as Alibaba continues its reorganization  —  Asian private equity firm Trustar Capital is nearing a deal to acquire Alibaba Group Holding Ltd.'s video game business, according to people with knowledge of the matter.

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