ByteDance to sell gaming unit Moonton to Saudi PIF-owned firm

Știință și Tehnologie

HONG KONG, March 20 : Chinese tech company ByteDance said on Friday it has agreed to sell Shanghai Moonton Technology, the studio behind the popular mobile game Mobile Legends: Bang Bang, to a Riyadh-based gaming firm owned by Saudi Arabia's Public Investment Fund (PIF). It did not disclose any financial details but a person with knowledge of the matter said the transaction values Moonton at more than $6 billion. Reuters reported in February that the company was in advanced talks to sell the

ByteDance to sell gaming unit Moonton to Saudi PIF-owned firm https://www.channelnewsasia.com/ - 14:28

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ByteDance to sell gaming unit Moonton to Saudi PIF-owned firm https://www.channelnewsasia.com/ - 14:28