BlockBeats report: On March 20, ByteDance announced it has reached a final agreement to sell Moonton to Savvy Games Group, a subsidiary of Saudi Arabia’s Public Investment Fund (PIF), for over $6 billion. Moonton is the developer and publisher of the popular Southeast Asian MOBA mobile game Mobile Legends: Bang Bang (MLBB), which ByteDance acquired in 2021. It is understood that ByteDance has made substantial investments in AI, resulting in a decline in overall profits for the fourth quarter of 2025; the sale of Moonton is seen as a signal of ByteDance’s further strategic focus on AI. (Jiemian)
ByteDance sells MOBA games developer for over $600 million, focuses on AI strategy
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Summary
ByteDance has sold Moba Games, the developer of Mobile Legends: Bang Bang, to Saudi Arabia’s Savvy Games Group for over $600 million. The transaction, reported in on-chain news, signals a strategic pivot toward AI and crypto-related initiatives as the company refocuses on artificial intelligence. Moba Games, acquired in 2021, is a leading player in Southeast Asia’s mobile gaming market. The sale follows a decline in Q4 2025 profits.
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