TikTok parent ByteDance sells recently acquired Moonton in $6B deal with Saudi-backed Savvy Games, marking pivot away from gaming toward AI development

Bytedance just basically said we are shifting from Gaming to AI.. Wonder if that will be the case for majority of Chinese business

Top comment by @Danicjade

More coverage

• Savvy to Buy ByteDance Studio Moonton for $6 Billion - Bloomberg (bloomberg.com)
• ByteDance confirms $6B Moonton sale - Inquirer Technology (technology.inquirer.net)
• ByteDance Sells MLBB Publisher Moonton for $6B to Saudi Savvy ... (escharts.com)
• ByteDance sells games studio Moonton to Saudi firm for over US$6 ... (scmp.com)

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