ByteDance has agreed to sell its gaming studio Moonton, to Savvy Games Group, a Saudi company backed by the Public Investment Fund, for more than $6 b.

ByteDance is set to sell Moonton to Savvy Games Group in a deal valued at around $6 billion, according to Bloomberg.

Savvy Games, a gaming investment vehicle owned by Saudi Arabia’s sovereign wealth fund, has entered an agreement with TikTok ...

TikTok owner sold three gaming units in 2024 - two to Tencent and one to a subsidiary of China Ruyi Holdings ByteDance has ...

Reuters reported last month that ByteDance (BDNCE) was in advanced discussions to sell Shanghai Moonton Technology to Saudi ...

Savvy Games Group has agreed to buy Moonton from ByteDance in a deal that values the mobile game studio at more than $6 billion, according to people familiar wi ...

HONG KONG, March 20 (Reuters) - China's ByteDance has agreed to sell Shanghai Moonton Technology, the studio behind popular ...

Savvy Games has just acquired another powerhouse in the mobile gaming industry.

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ByteDance's mobile gaming studio Moonton has been sold to the Saudi-owned Savvy Games Group for a pretty eye-watering sum.

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