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

- 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 could signify ByteDance's strategy to streamline its operations and concentrate on its core business areas, while Savvy Games Group's acquisition 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

