Alibaba's Lingxi Games Ceases Ant Engine Project Amid Strategic Shift
Wednesday, 8 May 2024, 23:00
Alibaba's Lingxi Games Shuts Down Game Engine Project
Lingxi Games, a subsidiary of Alibaba, has announced the discontinuation of its Ant Engine project as part of the company's strategic refocus. This decision aligns with Alibaba's commitment to enhancing its core e-commerce businesses and reducing investment in non-core ventures.
Key Points:
- Strategic Shift: Lingxi Games' move reflects Alibaba's emphasis on core business areas.
- Consolidating Resources: The decision underscores the company's strategy of investing in key operations for sustainable growth.
- Focus on Efficiency: By ending the game engine project, Alibaba aims to streamline operations and improve focus on essential business priorities.
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