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 billion. The move comes as ByteDance focuses more ...

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 ...

ByteDance has struck a deal to sell its gaming studio Moonton to Savvy Games Group, a Saudi gaming company owned by the ...

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

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

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

China's ByteDance has agreed to sell Shanghai Moonton Technology, the studio behind popular mobile game Mobile Legends: Bang Bang, to a Riyadh-based gaming firm ​owned by Saudi Arabia's Public ...

ByteDance has agreed to sell Moonton to Savvy Games Group for about $6 billion, shifting its focus to generative AI. The ...