A brand new report claims that TikTok proprietor ByteDance is in “superior talks” to promote its subsidiary Moonton Know-how to Saudi Arabia’s Savvy Video games Group. The deal is estimated to be valued at between $6 billion and $7 billion, in response to a report from Reuters.
ByteDance paid $4 billion in 2021 to purchase Moonton, so that may be fairly a return for the corporate. At $6 billion, Savvy shopping for Moonton can be the No. 5 greatest acquisition within the historical past of video video games.
Reuters mentioned ByteDance and Savvy have agreed on “broad phrases” for the deal, and {that a} deal might be formalized by the tip of March.
Moonton’s greatest sport is Cellular Legends: Bang Bang, which has reached greater than 1.5 billion installs and claims to have greater than 110 million month-to-month lively customers.
Savvy Video games Group has been making strikes in recent times. In 2023, the corporate purchased Monopoly Go developer Scopely for $4.9 billion (No. 7 greatest gaming buyout ever). In 2025, it paid $3.5 billion (No. 9 greatest gaming buyout ever) to purchase Niantic’s gaming division, together with Pokemon Go.
In different buyout information, EA is within the strategy of being acquired by an investor consortium led by Saudi Arabia’s Public Funding Fund for $55 billion.