ByteDance Eyes $6B–$7B Sale of Moonton to Savvy Games, Potential Q1 Closing
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ByteDance is in advanced talks to sell Moonton Technology, developer of Mobile Legends: Bang Bang, to Saudi Arabia's Savvy Games Group for $6B–$7B, sources said. A deal could be sealed as early as this quarter, with broad terms already in initial agreement. The sale would add to ByteDance's active dealmaking in the videogame industry to acquire durable franchises, live-service expertise, and large online communities. Moonton and Savvy Games have not commented, and Reuters is first to report the valuation and timeline.
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