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ByteDance in Advanced Talks to Sell Moonton to Saudi-Backed Savvy for $6–7 Billion

The talks reflect ByteDance’s pullback from gaming after restructuring its Nuverse unit in 2023.

Overview

  • Reuters-sourced reports say the parties have agreed on preliminary terms and a deal could close by the end of the first quarter of 2026.
  • The potential sale would transfer Moonton, maker of Mobile Legends: Bang Bang, to Savvy Games Group, which is financed by Saudi Arabia’s Public Investment Fund.
  • ByteDance, Moonton, and Savvy have not commented publicly, and the valuation and timing remain subject to change.
  • ByteDance acquired Moonton in 2021 for about $4 billion, and a sale at $6–7 billion would underscore the asset’s growth under the TikTok parent.
  • Mobile Legends: Bang Bang reports over 1.5 billion installs and around 110 million monthly active users, and the deal would rank among the largest gaming acquisitions in recent years.