For 6 billion dollars, Saudi Arabia acquires the video game division of ByteDance
Saudi Arabia is expanding its influence in the video game industry by acquiring ByteDance's gaming subsidiary, Moonton, for over $6 billion.
ByteDance negotiates sale of its video game unit for more than $6 billion: agencies
ByteDance is in advanced talks to sell its mobile game studio Moonton to Saudi’s Savvy Games Group for between $6 billion and $7 billion.