Bloomberg:

Memo: ByteDance agrees to sell gaming unit Moonton to Savvy Games, owned by Saudi Arabia's PIF, a source says for $6B; ByteDance bought Moonton for $4B in 2021  —  ByteDance Ltd. has agreed to sell games unit Moonton to Savvy Games Group for $6 billion, unloading a gaming studio it acquired …

Bloomberg:

Memo: ByteDance agrees to sell gaming unit Moonton to Savvy Games, owned by Saudi Arabia's PIF, a source says for $6B; ByteDance bought Moonton for $4B in 2021  —  ByteDance Ltd. has agreed to sell games unit Moonton to Savvy Games Group for $6 billion, unloading a gaming studio it acquired …

Source: TechMeme
Source Link: http://www.techmeme.com/260320/p5#a260320p5