DevTechNode3 months ago
ByteDance sells Moonton for over $6 billion to PIF
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ByteDance agreed to sell gaming unit Moonton to Savvy Games Group, a subsidiary of Saudi Arabia's Public Investment Fund, for over $6 billion. Moonton, developer of Mobile Legends: Bang Bang, becomes a wholly owned Savvy subsidiary. The deal completes ByteDance's divestment of core gaming assets.
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