ByteDance reportedly in "advanced talks" to sell Mobile Legends dev Moonton Technology to Savvy Games for over $6bn
in newsletterGamesIndustry.biz · 2026-02-16 · 2 min read · business
ByteDance is in advanced talks to sell Mobile Legends developer Moonton Technology to Savvy Games Group (owned by Saudi Arabia's PIF) for $6-7 billion, with the deal potentially closing by end of Q1. If completed, it would mark ByteDance's major retreat from online games after acquiring Moonton in 2021.
Appeared in 2026-02-16.