"A new report claims that TikTok owner ByteDance is in "advanced talks" to sell its subsidiary Moonton Technology to Saudi Arabia's Savvy Games Group. The deal is estimated to be valued at between $6 billion and $7 billion, according to a report from Reuters. ByteDance paid $4 billion in 2021 to buy Moonton, so that would be quite a return for the company. At $6 billion, Savvy buying Moonton would be the No. 5 biggest acquisition in the history of video games."
"Reuters said ByteDance and Savvy have agreed on "broad terms" for the deal, and that a deal could be formalized by the end of March. Moonton's biggest game is Mobile Legends: Bang Bang, which has reached more than 1.5 billion installs and claims to have more than 110 million monthly active users."
"Savvy Games Group has been making moves in recent years. In 2023, the company bought Monopoly Go developer Scopely for $4.9 billion (No. 7 biggest gaming buyout ever). In 2025, it paid $3.5 billion (No. 9 biggest gaming buyout ever) to buy Niantic's gaming division, including Pokemon Go. In other buyout news, EA is in the process of being acquired by an investor consortium led by Saudi Arabia's Public Investment Fund for $55 billion."
ByteDance is reportedly in advanced talks to sell Moonton Technology to Saudi Arabia's Savvy Games Group for an estimated $6–$7 billion. That valuation would exceed ByteDance’s $4 billion purchase of Moonton in 2021, representing a significant return and potentially ranking as the fifth-largest acquisition in video game history at the $6 billion mark. ByteDance and Savvy have agreed on "broad terms" and a deal could be formalized by the end of March. Moonton’s flagship title, Mobile Legends: Bang Bang, has over 1.5 billion installs and more than 110 million monthly active users. Savvy previously acquired Scopely for $4.9 billion and Niantic's gaming division for $3.5 billion. EA faces a separate $55 billion acquisition by a Saudi-led investor consortium.
Read at GameSpot
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