ByteDance is set to sell Moonton to Saudi Arabia’s Savvy Games for $6 billion after confirming the agreement on Friday, March 20. Savvy Games is owned by Saudi Arabia’s Public Investment Fund, as the sale is eyeing to further scale their investment in esports and gaming.  The agreement between the companies was first reported by Japan’s news agency, Nikkei. Before the confirmation of the sale, ByteDance had “aimed for a strategic partnership” in its talks with Savvy Games. Moonton is known for its mobile MOBA, Mobile Legends: Bang Bang. While Savvy Games has been involved with titles and esports companies, […]... Keep on reading: ByteDance confirms $6B Moonton sale