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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ByteDance Sells Mobile Legends: Bang Bang Dev Moonton to Saudis for $6b
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This is an interesting move in the gaming industry! It’s always intriguing to see how major companies navigate acquisitions and sales. The investment in mobile gaming continues to grow, and it will be fascinating to see how this impacts both ByteDance and Moonton moving forward.