ByteDance Sells Gaming Studio Moonton to Saudi Wealth Fund Savvy
ByteDance has reportedly sold its gaming studio Moonton to Savvy Games Group, a company backed by a Saudi wealth fund, in a deal valued at $6 billion.
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Saudi Arabian games group nears $6bn deal for ByteDance’s Moonton
Savvy Games given war chest of tens of billions of dollars by Public Investment Fund
ByteDance to Sell Gaming Unit Moonton to Saudi PIF-Owned Firm
ByteDance is reportedly in the process of selling its gaming unit, Moonton, to a firm owned by Saudi Arabia's Public Investment Fund.
Savvy Games Group to Acquire ByteDance's Moonton for $6 Billion
Savvy Games Group, owned by Saudi Arabia's Public Investment Fund, has agreed to purchase ByteDance's game studio Moonton for an estimated $6 billion.