31.0% chaos · simmering
internet wars
1 sources
ByteDance is selling its Moonton game unit to Savvy Games for a cool $6 billion
What happened
Following discussions first reported on earlier this year , ByteDance has agreed to sell its games unit Moonton to Savvy Games Group for $6 billion. Moonton is known for mobile titles popular in Asia like Mobile Legends: Bang Bang , which has been downloaded 1.5 billion times. The transaction is set to be finalized in the "near future," according to an internal memo from Moonton's CEO seen by Bloomberg . ByteDance has been winding down its gaming arm and shopping Moonton since 2023 , just two ye
Why people care
Reported by Engadget.
Related stories