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Alibaba Set to Reap More Than $2bn From Sale of Lingxi Games to Trustar

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Alibaba Group is expected to receive more than $2 billion from the sale of its game development unit Lingxi Games to private equity firm Trustar Capital, as the Chinese technology giant continues to shed non-core assets and concentrate resources on artificial intelligence and cloud computing.

Alibaba and Trustar have reached a formal agreement following several rounds of negotiations, according to an internal memo sent to Lingxi employees on Monday by CEO Zhou Bingshu and reviewed by Reuters.

Under the agreement, Alibaba will transfer its entire stake in Lingxi to Trustar, the memo said. It did not disclose the transaction value or the expected closing date, and provided no details on regulatory approvals or other conditions that must be satisfied before the sale is completed.

A person familiar with the matter told Reuters that Alibaba is expected to receive more than $2 billion from the transaction.

Bloomberg News, which first reported the internal memo, said the deal would be worth at least $1.5 billion, citing people familiar with the matter.

The transaction marks another step in Alibaba’s effort to streamline its sprawling business portfolio as the company shifts capital and management attention toward areas it considers strategically important, particularly AI and cloud computing.

Alibaba operates major e-commerce platforms, cloud infrastructure and a range of digital businesses. The company has been reviewing assets outside its core priorities as it seeks to increase investment in artificial intelligence and strengthen its cloud business.

Two sources familiar with the matter said Alibaba had been seeking a buyer for Lingxi for some time. They spoke on condition of anonymity because the discussions were confidential.

For Lingxi, the acquisition will bring a new owner while preserving continuity in its management. Zhou said he and the existing management team would continue running the company after the transaction.

Zhou described Trustar, formerly known as CITIC Capital, as an Asia-focused private equity investor with the industry resources and operational expertise needed to support Lingxi’s next stage of development.

It remains unclear whether Alibaba will maintain commercial relationships with Lingxi after completing the sale. Such arrangements could potentially involve game publishing, cloud computing, or technology services.

Lingxi, based in Guangzhou, is best known for “Three Kingdoms: Strategy Edition,” a multiplayer strategy game based on China’s historical Three Kingdoms period.

The game was developed in collaboration with Japanese entertainment company Koei Tecmo Holdings, whose franchises include “Romance of the Three Kingdoms” and “Nobunaga’s Ambition.”

The sale follows several years of change at Lingxi.

The game developer had previously explored raising outside capital, according to two sources familiar with the company. One of the sources said a fundraising process planned for late 2023 stalled after Chinese authorities proposed tighter regulations for the online gaming industry.

China’s gaming sector has faced periodic regulatory intervention as authorities have sought to address concerns ranging from excessive gaming among young people to the industry’s broader social and economic impact.

Lingxi also underwent a management restructuring in 2024. Zhou, who had led the team behind “Three Kingdoms: Strategy Edition,” became chief executive after founder Zhan Zhonghui left the company, according to Chinese corporate records.

The sale therefore represents a further transition for a business that has spent several years adapting to changes in management, regulation and ownership strategy.

The transaction provides Alibaba an opportunity to unlock capital from a gaming business as the company prioritizes its technology infrastructure and AI ambitions. The proceeds could strengthen its ability to fund investments in computing capacity, AI models and cloud services at a time when competition in China’s technology sector is increasingly centered on artificial intelligence.

The deal also denotes a broader shift in Alibaba’s approach to its portfolio. Rather than maintaining ownership of a wide range of digital businesses, the company is increasingly assessing whether individual assets fit its longer-term strategic priorities.

Lingxi’s continued operation under Trustar ownership could allow the game studio to pursue growth with a more focused business strategy while giving Alibaba a substantial return from an asset it no longer considers central to its future.

The transaction remains subject to any applicable regulatory and closing conditions, which were not disclosed in the internal memo. But if completed, the sale would give Alibaba more than $2 billion in proceeds while transferring one of its gaming assets to a private equity investor. That is expected to further sharpen the company’s focus on the two areas it has identified as critical to its next phase of growth: artificial intelligence and cloud computing.

Tips for Creating an Event That Delivers Results

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Planning an industry gathering requires a balance of strategic goal setting, creative engagement, and careful operational execution. When teams establish clear business objectives from day one, every logistical decision aligns directly with brand growth.

Achieving strong results comes down to structured planning steps that engage your target audience from registration to post-event follow-up. Following proven management practices helps transform standard meetings into memorable corporate experiences that leave lasting impressions.

Define Clear Objectives Early

Before booking venues or drafting detailed agendas, leadership teams must establish what success looks like for their organization. Defining concrete numeric benchmarks gives your planning committee clear direction across all decision points. Success requires defining tangible outputs such as sales leads, attendee engagement metrics, or strategic partnership agreements.

Industry guides indicate that clear objectives and a well-structured timeline are key to guiding your event through every phase. Setting these core targets early keeps your budget on track and prevents costly scope expansion during production. Strong goal setting keeps every team member focused on measurable outcomes throughout project execution.

Mapping out milestones month by month keeps internal team members accountable to project timelines. This structured roadmap keeps vendor communications smooth, controls supplier costs, and maintains firm delivery deadlines.

Source Keynote Speakers Carefully

A compelling main presenter anchors your entire event schedule and attracts higher registration numbers from targeted industry professionals. Choosing a speaker whose subject matter expertise matches your event theme drives ticket sales and viewer satisfaction. Prominent presenters set an engaging tone that carries through every breakout session.

Finding the right voice requires researching reputable booking agencies with deep access to industry leaders. Working alongside the JLA speaker bureau helps organizations secure top-tier talent tailored to corporate requirements. High-caliber presenters keep attendees focused and bring strong market credibility to your brand.

Brief your featured speakers thoroughly regarding audience demographics and core message priorities before they take the stage. Clear pre-event alignment ensures their presentation content connects directly with your guests’ expectations.

Design Tailored Attendee Experiences

Modern audiences expect specialized content that directly addresses their operational challenges and professional priorities. Personalizing session tracks creates a dynamic learning environment where attendees feel their individual needs are prioritized. Offering customized content pathways helps participants choose sessions that offer immediate practical utility.

Recent research shows 70% of consumers expect tailored experiences at events. Fulfilling this expectation requires segmenting your target audience into distinct delegate groups during registration. Collecting preference data early allows event organizers to curate sessions for specific delegate groups.

Customized schedules, targeted networking mixers, and personalized delegate packages elevate guest satisfaction scores significantly. Offering tailored content options helps participants gain maximum practical value from their time investment at your venue.

Master the Event Schedule

Schedule timing plays a critical role in maintaining energy levels throughout a full-day corporate summit. Overcrowding the daily agenda leads directly to audience fatigue, reduced attention spans, and lower information retention. Leaving comfortable breathing room between presentations keeps attendees alert and eager to participate.

Build generous break periods into the master schedule so guests can process information and network comfortably. Balanced scheduling gives delegates time to check work emails, recharge energy, and build valuable professional connections. Structured downtime encourages spontaneous conversations that frequently generate unexpected business opportunities.

Keep individual sessions focused by capping presentations at crisp thirty-minute intervals. Swift session transitions prevent agenda delays, respect attendee schedules, and maintain a sharp professional cadence throughout the day.

Promote Across Multiple Channels

A well-rounded promotion campaign builds early registration momentum and drives steady ticket conversion rates. Combining targeted email outreach, social media teasers, and strategic industry partnerships expands your total campaign reach. Broad visibility builds audience anticipation and creates market interest months before launch day.

Marketing reports indicate 89% of marketers say events are critical for business growth. Directing promotional funding into targeted outreach guarantees your message reaches key decision-makers across your industry sector. Early promotional campaigns allow marketing teams to adjust messaging based on initial registration patterns.

Effective outreach campaigns rely on structured communication channels:

  • Email drip sequences designed to nurture warm prospective leads
  • Social media video highlights featuring keynote speakers
  • Direct promotional outreach delivered through trusted partner networks

Running multi-channel promotions guarantees consistent engagement across every digital touchpoint before ticket sales close.

Leverage Interactive Technology

Digital tools convert passive audience members into active participants during key sessions. Integrating dedicated mobile event applications permits real-time audience polling, live question submission, and instant feedback collection. Interactive technology transforms traditional lectures into collaborative conversations that captivate attendees.

Live polling features keep attendees engaged and offer presenters immediate visibility into audience opinions. Mobile event applications simplify guest check-in procedures, reduce venue queue times, and distribute instant schedule updates. Digital schedules eliminate confusion by updating attendees immediately when room locations or presentation times change.

Gathering real-time participant responses provides event organizers with immediate operational data during live sessions. Technology integration improves overall delegate satisfaction and reduces paper waste from printed event guides. Instant feedback lets event coordinators adjust room temperature, audio levels, or timing immediately during presentations.

Creating a high-impact corporate gathering requires detailed coordination across every development phase. Establishing clear targets, booking compelling presenters, and delivering personalized delegate experiences builds strong professional engagement.

Refining event execution with modern technology and thorough post-event evaluation secures ongoing business returns. Disciplined planning transforms standalone events into powerful tools for building long-term industry leadership.

BlockDAG’s $2M Day Puts 5000x Potential in Focus! More on Sui Price & Monero Price Trends

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Monero price is trading around $395 to $405 today, rising modestly and a healthy 8.4% over the past week, supported by a real cryptographic upgrade that expands its anonymity set, while every Sui price prediction must explain a coin still held between $0.65 and $0.70 despite a genuine quantum-security update arriving this month. Both remain legitimate projects, yet both are moving slowly.

Fresh capital is moving faster into BlockDAG (BDAG) right now. More than $2 million entered its presale during the last 24 hours, at a stage 1 price of $0.00002 versus a $0.10 launch reference, creating a 5000x spread that does not appear without strong demand. This level of interest makes BlockDAG worth watching among any best crypto to buy shortlist.

BlockDAG’s $2M Presale Surge: Strong Demand Has a Reason

Over $2 million entered BlockDAG’s presale in one day, and demand at that level does not follow an empty roadmap or unclear promise. It follows the math: stage 1 is priced at $0.00002 against a $0.10 launch reference, creating a 5000x spread based on the current presale position, rather than a speculative forecast.

That math is supported by an actual build, not just an idea. X1 Miner is already live and placing BDAG into users’ hands, while the Super App and BlockDAGX exchange remain under active development, adding practical utility to the figures instead of leaving them as claims on a slide.

Zero team allocation across the 150 billion supply, alongside planned $100 million launch liquidity, completes a structure that deserves attention on a serious best crypto to buy list, something many projects establish only after years of trading rather than before launching their first product.

Combine the $2 million raised, 5000x spread, and expanding ecosystem, and BlockDAG begins to look less like a standard presale gamble and more like a serious best crypto to buy candidate, one that may look very different once its ecosystem reaches the level where its capital already stands today.

Monero Price Gains From a Real Privacy Upgrade

Today, Monero price sits around $395 to $405, posting a modest daily rise and a solid 8.4% weekly gain, making it one of the stronger recent moves among privacy-focused coins. The move follows progress on Full Chain Membership Proofs, a cryptographic Monero price catalyst that expands an input’s anonymity set from 16 local decoys to over 100 million outputs across the full blockchain.

Privacy-focused engineering remains central to Monero’s reputation, and monero price now needs to show it can stay above the $422 resistance area to maintain its momentum. A confirmed move through that level could support continued trend growth instead of another period of consolidation.

Sui Price Prediction Faces a Quantum-Security Test

This month’s Sui price prediction must consider a coin that has remained between $0.65 and $0.70 for weeks, even after Sui introduced two NIST-approved post-quantum signature schemes on August 6, allowing accounts to move toward quantum-safe keys through recovery phrases users already possess. The market showed little response to this major security improvement.

Bearish sentiment continues, with the Fear and Greed Index around 30, while another coin unlock arrives September 1, releasing over $9 million in new Sui that the market must absorb. Any Sui price prediction based only on fundamentals still needs to explain why genuine engineering continues to receive little market response.

Final Call

Monero price shows that meaningful privacy engineering can still influence a chart, while every Sui price prediction must consider a genuine quantum upgrade that received little market response. Both projects have real technology, but neither is attracting fresh capital at the pace BlockDAG achieved within one day.

More than $2 million entered BlockDAG’s presale within 24 hours, at a stage 1 price of $0.00002 versus a $0.10 launch reference, creating a 5000x spread supported by zero team allocation and a live mining app already being used. This mix explains why BlockDAG deserves close consideration as the best crypto to buy right now.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

Viral Crypto Alert: BlockDAG Takes Over the Market With $2M Raised in 24 Hours as Chainlink and Polkadot Slow Down!

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A crypto project can possess strong technology and a valid purpose, yet still face hurdles in attracting fresh funds. Chainlink and Polkadot clearly demonstrate this reality. Both networks offer solid foundation systems, both have navigated an entire market cycle, and both have watched new trader funding flow at a slow pace for a long time. When cash fails to enter in large amounts, that quietness sends a clear signal, which is easy to ignore if you only check technology instead of actual cash movements.

This situation explains why a rapid, concentrated funding event deserves close attention. The BlockDAG (BDAG) presale raised $2 million in 24 hours, showing a real, active inflow of new money happening right now, rather than an old number taken from a past chart. Compared to Chainlink and Polkadot as they struggle to reignite similar buyer interest, this difference shows where real market trust is heading today.

Chainlink (LINK) Holds Strong Tech but Lacks Fresh Inflows

Chainlink remains a key piece of technology in crypto, offering oracle networks that supply real-world information to smart contracts across many major blockchains. It sits right at the center of two top-growing trends, real-world asset tokenization and institutional DeFi, while major finance firms continue building on its system, including one major bank that recently shared a multi-year growth plan for the token.

However, that corporate trust has not created a fast rush of new retail or investor cash. LINK trades near $8.70, about 84% lower than its peak near $53, and has gone through a long period without the fresh money surge you usually expect after so much real network usage. For a token so central to future industry growth, this slow return of buyer cash is very noticeable.

Polkadot Halves Supply Rewards but Buyer Support Stalls

Polkadot shows an even tougher version of this same situation. Created to let dozens of separate blockchains share security and connect through its core design, it recently added a fixed supply limit and cut token rewards in half, a major rule change aimed at fixing supply inflation concerns that hurt market mood for a long time. Dozens of active networks keep its system among the most established in crypto.

Even with that important change, new capital arrives very slowly. DOT trades near $0.77, far below its top price near $55, marking one of the biggest price drops among top tokens. A fix for a known issue should normally attract active buyer attention; instead, Polkadot keeps waiting for that renewed support to show up in real amounts.

BlockDAG Shows Strong Momentum with $2M Raised in 24 Hours!

Compare those quiet funds with recent activity around BlockDAG (BDAG), where buyers added $2 million to the presale in a single day. That is not a small trickle of interest taking months to build; it is a fast group of buyers taking action within hours, choosing to place new funds while the coin stays at its lowest price point. The entry price is $0.00002 per coin in Stage 1, the first step on a 25-stage path reaching $0.05 by the final round, with $0.10 set as the reference price when the presale finishes.

If you put a $1,000 order into this setup, it turns into 50,000,000 coins today. Holding those coins to the $0.10 goal brings the total value to $5,000,000, which is 5,000 times the starting amount, calculated directly from the official entry and target prices instead of a random guess.

Part of what draws this capital is that BDAG does not ask people to fund an idea that only exists on paper. Its blockchain is fully live, processing real transaction activity instead of sitting quietly behind a slide deck. The casino platform is online and active, with real users playing games, sending transactions, and creating network usage today. Physical mining machines are shipping to customers right now, putting real hardware into users’ hands instead of promising delivery later.

Add to that a new trading platform (BlockDAGX) currently in development, an all-in-one app connecting wallets, mining tools, token swaps, payment features, and reward tracking, plus a massive $100 million liquidity fund gathered from presale income and company funds to balance the market at launch.

Simply put, a project with active products, physical hardware delivered, and a clear liquidity setup easily pulls $2 million from buyers in 24 hours, standing in a totally different position than tokens waiting for new capital to arrive.

Final Thoughts

Chainlink and Polkadot both offer useful systems and, for Polkadot, a major structural update, yet both continue waiting for new buyer capital to return in big numbers. The BlockDAG (BDAG) presale presents a clear contrast, raising $2 million in 24 hours with a $0.00002 Stage 1 entry, a structured 25-stage plan leading to a $0.10 launch target, and a 5000x jump at that goal, all supported by a live, growing network. For buyers seeking where actual market trust sits today, BDAG’s growth is not just a guess; it is active right now.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

 

Working Products Fuel Demand: BlockDAG Pulls In $2M in a Day While Internet Computer and Official Trump Remain Quiet!

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Functional tools now divide early crypto presales from hype. Internet Computer hovers near $2.10 with high network usage, whereas OFFICIAL TRUMP trades around $1.40 as a Solana meme token. Each demonstrates how news and adoption split markets.

Meanwhile, BlockDAG collected $2 million during its initial 24 hours, selling at $0.00002 in Stage 1, linking this early interest to active tech. For traders searching for the top coin to buy now with 5000x potential, an early token sale supported by a functioning ecosystem attracts clear market interest right now.

Internet Computer Usage Rises But ICP Consolidates

Internet Computer trades close to $2.10 while holding a market value around $1.15 billion. This coin moves within a tight range from $2.00 support up to $2.39 resistance, staying well under its 2021 high point. Although market prices remain calm, actual activity across its ledger tells a far livelier story today.

During July, Internet Computer handled 3.16 billion transactions, placing it among the busiest blockchains globally. Developers launched a test version of an MCP server that allows artificial intelligence tools to link directly with decentralized apps, strengthening interest in its tech.

Meanwhile, community members are reviewing a vote designed to reduce new coin issuance. This divide between busy usage and flat market pricing creates an ongoing debate for investors, who notice that real adoption currently outpaces the valuation assigned to the asset by active traders in the crypto market right now.

OFFICIAL TRUMP Coin Drops as Political Attention Fades

OFFICIAL TRUMP trades near $1.40 after a 5% daily drop, holding a $347 million market cap with 248 million coins circulating out of 1 billion total. Created on Solana, it remains 98% under its peak of $75.35 from January 2025, while market sentiment indicators show high fear levels right now today.

This political meme token connects to a branded online gaming platform, giving top holders access to special events. Social trends and media coverage drive its valuation instead of strong utility, leading to large price swings. The coin trades under both its 50-day and 200-day moving averages, showing weak technical momentum.

TRUMP depends heavily on public attention trends, and current trading volume has quieted down significantly compared to the intense excitement that accompanied its original market launch in recent times across crypto exchanges today.

BlockDAG Presale Viral After Raising $2M in 24 Hours

BlockDAG generated $2 million within 24 hours during Stage 1, attributing this buyer speed to working products rather than promises. Project leaders explain that early investors acted rapidly because tangible tools were already available for immediate use across the usable platform right now.

Two key features support this success. The network claims its core blockchain is running and its online casino is active, drawing regular users. Having live tools helps solve the primary concern regarding presales, proving the development team delivers real software. Active systems like these aim to lower risk for Stage 1 participants buying tokens at the $0.00002 starting price point today.

This ecosystem approach builds utility. Application activity and network fees strengthen token demand, tying growth to active usage instead of market hype. Team members state this cycle sets their coin apart from typical crypto presales that collect capital on theoretical ideas without ever delivering functioning technology to users.

Initial numbers detail the opportunity: Stage 1 starts at $0.00002 alongside a planned $0.10 listing price, offering a 5000x target for early participants. Anyone searching for the top coin to buy now with 5000x potential will notice how working tools separate fast-funding projects from competitors.

Higher profit predictions remain unproven, and presale values are chosen by creators, so investors must verify live products carefully. Still, collecting $2 million on day one with a running mainnet and gaming platform explains why BlockDAG ranks among top-rated cryptocurrencies for 100x gains lists.

Final Thoughts

Internet Computer and OFFICIAL TRUMP highlight separate market trends: ICP displays high on-chain usage around $2.10 while the price lags, while TRUMP shows typical meme token fluctuation near $1.40, well under previous highs. The first focuses on utility, whereas the second relies on media interest.

BlockDAG demonstrates that its $2 million initial day raise stems from live features, including an active mainnet and running casino, offering a $0.00002 Stage 1 entry price pointing toward a $0.10 projected launch value overall.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu