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Alibaba to sell Lingxi Games for over $1.5B to Trustar as AI focus grows: report (BABA:NYSE)

Millennial-aged man playing E-sports on his computer

Trevor Williams

  • Alibaba Group Holding (BABA) is reportedly selling its gaming arm in a deal worth at least $1.5B that will boost the Chinese e-commerce leader’s pivot to AI.
  • Asian private equity firm Trustar Capital has reached an agreement to acquire

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