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Citi Capital's Xincheng Capital has formally completed the acquisition of Alibaba Group's Lingxi Interactive Entertainment, CEO Zhou Bingshu said in an internal memo. Alibaba will transfer its stake and Xincheng will be the new shareholder. Earlier r

2026-08-17

Citi Capital's Xincheng Capital has formally completed the acquisition of Alibaba Group's Lingxi Interactive Entertainment, CEO Zhou Bingshu said in an internal memo. Alibaba will transfer its stake and Xincheng will be the new shareholder. Earlier reports put the deal size at over $1.5bn (over 10.1bn yuan).

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2026-08-16

Ukrainian President Zelensky: Europe's interceptor missiles cannot be stuck in warehouses.

Ukrainian President Zelensky: Europe's interceptor missiles cannot be stuck in warehouses.
2026-08-17

Al Arabiya TV reported Trump senior adviser Jared Kushner confirmed to Hamas leaders that Hamas weapons would be removed from Gaza and not stored there.

Al Arabiya TV reported Trump senior adviser Jared Kushner confirmed to Hamas leaders that Hamas weapons would be removed from Gaza and not stored there.
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