
Will ByteDance sell Moonton Technology to Savvy Games Group in 2026?
According to media reports, ByteDance is in advanced negotiations to sell its Shanghai-based gaming studio Moonton Technology to Savvy Games Group, a subsidiary of Saudi Arabia’s Public Investment Fund. Sources indicate the deal could be valued between $6–7 billion and potentially close within the current quarter. If completed, the transaction would rank among the largest in the mobile gaming sector and further accelerate consolidation across the global games industry. Moonton is best known for Mobile Legends: Bang Bang, a major mobile title with over 1.5 billion downloads and more than 110 million monthly players. ByteDance originally acquired the studio in 2021 for roughly $4 billion as part of its gaming expansion strategy, but subsequent restructuring in 2023 signaled a retreat from large-scale game publishing. The uncertainty lies in whether negotiations will finalize at the reported valuation—or whether regulatory, valuation, or strategic hurdles will delay or derail the transaction.
Conditions
Resolves “Yes” if by September 30, 2026, ByteDance officially completes the sale of Moonton Technology to Savvy Games Group, as confirmed by company announcements or reported by major international financial media. Otherwise — “No.”
Comments