Sources: ByteDance is in talks to sell game studio Moonton, which it acquired for ~$4B in 2021, to Saudi Arabia-based Savvy Games; Moonton makes Mobile Legends (Bloomberg)

Bloomberg:
Sources: ByteDance is in talks to sell game studio Moonton, which it acquired for ~$4B in 2021, to Saudi Arabia-based Savvy Games; Moonton makes Mobile Legends  —  TikTok owner ByteDance Ltd. is in talks to sell gaming studio Shanghai Moonton Technology Co. to Saudi Arabia-based Savvy Games Group …

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