Bloomberg:

Memo: ByteDance agrees to sell gaming unit Moonton to Savvy Games, owned by Saudi Arabia's PIF, sources say for $6B; ByteDance bought Moonton for ~$4B in 2021  —  Savvy Games Group has agreed to buy the Moonton studio from ByteDance Ltd. as the Saudi Arabian firm builds up its mobile gaming assets.

Bloomberg:

Memo: ByteDance agrees to sell gaming unit Moonton to Savvy Games, owned by Saudi Arabia's PIF, sources say for $6B; ByteDance bought Moonton for ~$4B in 2021  —  Savvy Games Group has agreed to buy the Moonton studio from ByteDance Ltd. as the Saudi Arabian firm builds up its mobile gaming assets.

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