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The Business Brief MONDAY, 17 AUGUST 2026
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Alibaba to Sell Gaming Arm for $1.5 Billion in Boost to AI Pivot

1 source ·1 article ·1h ago

Alibaba Group Holding Ltd. is selling its gaming arm in a deal worth at least $1.5 billion that will boost the Chinese e-commerce leader’s pivot to AI.

Covered by 1 outlet

Bloomberg 1

All coverage · 1 article

Bloomberg Technology ·1h ago

Alibaba to Sell Gaming Arm for $1.5 Billion in Boost to AI Pivot

Alibaba Group Holding Ltd. is selling its gaming arm in a deal worth at least $1.5 billion that will boost the Chinese e-commerce leader’s pivot to AI.