ByteDance to Sell Moonton Technology for Over $6 Billion, Further Focusing on AI Strategy

BlockBeats News, March 20th, ByteDance announced that it has reached a final agreement with Savvy Games Group, a subsidiary of the Saudi Public Investment Fund (PIF), to sell Moonton Technology for over $6 billion. Moonton Technology is the developer and publisher of the famous Southeast Asian MOBA mobile game Mobile Legends: Bang Bang (MLBB), which was acquired by ByteDance in 2021. It is reported that ByteDance has made a huge investment in the field of AI, with an overall profit decline in the fourth quarter of 2025. The sale of Moonton is seen as a further signal of ByteDance's strategic focus on AI. (Jiemian)