GamingTechNode7 months ago
ByteDance in talks to sell Moonton to Savvy Games
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ByteDance is in advanced talks to sell Shanghai-based gaming studio Moonton Technology to Saudi Arabia's Savvy Games Group. ByteDance acquired Moonton in 2021 for about $4 billion, but the unit failed to meet performance expectations. Negotiations previously stalled in late 2023 over valuation differences.
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