金色财经|Mar 20, 2026 07:41
[ByteDance Sells Moonton Technology for Over $6 Billion, Further Focusing on AI Strategy]
According to Golden Finance, on March 20, ByteDance announced that it has reached a final agreement with Savvy Games Group, a subsidiary of Saudi Arabia's Public Investment Fund (PIF), to sell Moonton Technology for a price exceeding $6 billion. Moonton Technology is the developer and publisher of the renowned Southeast Asian MOBA mobile game Mobile Legends: Bang Bang (MLBB), which was acquired by ByteDance in 2021. It is reported that ByteDance has made significant investments in the AI sector, and with overall profits declining in Q4 2025, the sale of Moonton is seen as a signal of ByteDance further shifting its strategic focus toward AI. (Jiemian)
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