ByteDance Is Said to Revive Moonton Sale, in Talks With PIF’s Savvy Games
NeutralArtificial Intelligence

- ByteDance Ltd. is reportedly in discussions to sell its gaming studio, Shanghai Moonton Technology Co., to Savvy Games Group, a company based in Saudi Arabia. This move indicates a potential shift in ByteDance's focus within the gaming sector.
- The sale of Moonton could signify ByteDance's strategy to streamline its operations and possibly refocus on its core social media platform, TikTok. For Savvy Games Group, acquiring Moonton may enhance its portfolio in the gaming industry, reflecting the growing interest in gaming investments in the region.
— via World Pulse Now AI Editorial System
