Rewards Hub ByteDance has finalized an agreement to sell Moonton, the developer of Mobile Legends: Bang Bang, to Savvy Games Group for over $6 billion. Savvy Games Group is a subsidiary of Saudi Arabia's Public Investment Fund. ByteDance acquired Moonton in 2021 and the sale marks a strategic shift as the company intensifies its focus on artificial intelligence.
The decision to divest Moonton comes amid ByteDance's substantial investments in AI, which have impacted its profits in the fourth quarter of 2025. This move underscores ByteDance's commitment to prioritizing AI development over its gaming ventures.
ByteDance Sells Moonton to Savvy Games for Over $6 Billion
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