Alibaba Group is reportedly planning to sell its gaming business, Lingxi Interactive Entertainment, for an estimated 7 to 9 billion yuan. Several A-share listed gaming companies have expressed interest in acquiring the business, which reportedly has around 1,200 employees and several game studios. This news comes amidst a broader market trend of consolidation and strategic divestitures within the tech industry. AI
RANK_REASON This is a news item about a company divesting a business unit, not a core AI release or significant industry event.
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