{"id":1029397,"date":"2026-08-18T07:20:03","date_gmt":"2026-08-18T01:50:03","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1029397"},"modified":"2026-08-18T07:23:35","modified_gmt":"2026-08-18T01:53:35","slug":"alibaba-to-sell-lingxi-games-in-more-than-2-billion-deal-source-says","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/08\/18\/alibaba-to-sell-lingxi-games-in-more-than-2-billion-deal-source-says\/","title":{"rendered":"Alibaba to sell Lingxi Games in more than $2 billion deal, source says"},"content":{"rendered":"<p>Alibaba Group is expected to reap more than $2 billion from the sale of its game developer unit Lingxi Games to private equity firm Trustar Capital, a person familiar with the matter told Reuters. <\/p>\n<p>Alibaba and Trustar have reached a formal agreement after several rounds of talks, according to an internal memo sent to Lingxi staff on Monday by the game developer&#8217;s CEO Zhou Bingshu and reviewed by Reuters. <\/p>\n<p>Lingxi, Alibaba \u200cand Trustar did \u2060not \u2060immediately respond to requests for comment from Reuters.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Alibaba Group is expected to reap more than $2 billion from the sale of its game developer unit Lingxi Games to private equity firm Trustar Capital, a person familiar with the matter told Reuters. Alibaba and Trustar have reached a formal agreement after several rounds of talks, according to an internal memo sent to Lingxi staff on Monday by the game developer&#8217;s CEO Zhou Bingshu and reviewed by Reuters. Lingxi, Alibaba \u200cand Trustar did \u2060not \u2060immediately respond to requests for comment from Reuters.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1029397","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1029397","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1029397"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1029397\/revisions"}],"predecessor-version":[{"id":1029416,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1029397\/revisions\/1029416"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1029397"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1029397"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1029397"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}