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ByteDance nears deal to sell Moonton gaming unit to Saudi group for over $6 billion

ByteDance is in talks to sell Moonton to Saudi Arabia's Savvy Games for over $6 billion. The deal marks a major retreat from the global online gaming sector.

Insights:
ByteDance is in advanced talks to sell Shanghai Moonton Technology (Moonton), the studio behind the mobile game Mobile Legends: Bang Bang, to Saudi Arabia SASA based Savvy Games Group for a reported $6–7 billion. As of February 13, 2026, the potential sale is seen as a strategic move to reduce ByteDance's exposure to the online gaming market and accelerate consolidation across the global video game sector.
The ByteDance logo is seen in this illustration taken on November 27, 2019. REUTERS/Dado Ruvic/Illustration
The ByteDance logo is seen in this illustration taken on November 27, 2019. REUTERS/Dado Ruvic/Illustration
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