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AI IntelligenceMar 23, 2026M&A

Article

Savvy Games Group -> Moonton (ByteDance)

Savvy Games Group, a subsidiary of Saudi Arabia's Public Investment Fund (PIF), is acquiring game developer Moonton from ByteDance for over $6 billion. Moonton is known for the popular mobile game 'Mobile Legends: Bang Bang'. The sale signals ByteDance's strategic pivot towards AI and a retreat from non-core businesses.

Data Cube AI EditorialMar 23, 2026Source: Pandaily

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Savvy Games Group Moonton (ByteDance)Other AI Acquisition Read the issue

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