Alibaba plans to sell its gaming business, but officials have not responded yet.

Today, there is news that "Alibaba Group plans to sell Lingxi Interactive Entertainment. According to multiple senior industry insiders, Alibaba has already contacted at least five potential buyers, including 37 Interactive Entertainment, China RuYi, Century Huatong, Giant Network, and two private equity giants, with the selling price ranging from 7 to 9 billion yuan." Some industry insiders speculate that Alibaba may be hoping to obtain more cash flow by selling its gaming business. Sina Technology reached out to Alibaba Group officials for confirmation of this news, but as of the time of publication, there has been no response.