• Business Production Mobile News Report: Saudi Arabia eyeing $7 billion purchase of mobile studio Moonton Moonton is owned by TikTok maker ByteDance and is known for titles including Mobile Legends: Bang Bang. • February 16, 2026 The Kingdom of Saudi Arabia is eyeing another notable video game acquisition. • Reuters is reportingthat Savvy Games Group,a subsidiary of Saudi Arabian sovereign Public Investment Fund (PIF), is in talks to acquire Moonton from TikTok owner ByteDance for between $6 billion to $7 billion. • Two sources claimed the deal could be announced this quarter with both companies having agreed on broad initial terms. • ByteDance, Moonton, and Savvy Games did not respond when approached for comment by Reuters. • For anybody unfamiliar with those names, Moonton is the mobile company behindMobile Legends: Bang Bang,Watcher of Realms, and MagicRush: Heroes.
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