ByteDance is reportedly in advanced talks for the ByteDance Moonton sale to Saudi Arabia, potentially offloading its star gaming studio to Savvy Games Group for $6-7 billion. First reported by Reuters, the deal—revived from 2025 negotiations—could close by Q1 2026, netting ByteDance a massive profit on its 2021 $4B acquisition of Shanghai-based Moonton, creators of Mobile Legends: Bang Bang.
