AI Business
12h ago
Savvy Agrees to Buy ByteDance Game Studio Moonton for $6 Billion
By Daniel Zuidijk, Zheping HuangBloomberg TechnologyMar 20, 2026
AI Summary
Savvy Games Group has reached an agreement to acquire the Moonton game studio from ByteDance for $6 billion. This acquisition is part of Savvy's strategy to enhance its mobile gaming portfolio, reflecting the growing importance of mobile gaming in the global market.
Savvy Games Group has agreed to buy the Moonton studio from ByteDance Ltd. as the Saudi Arabian firm builds up its mobile gaming assets.
gamingacquisitionmobile gamesbyteDancesavvy games