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Savvy Games Group reportedly buys Moonton Games from ByteDance for $6.75B
ByteDance has reportedly agreed to sell Moonton Games, to Savvy Games Group, according to a report in Bloomberg. Bloomberg reported $6 billion, but we believe the value is about $6.75 billion for the creator of games such as Mobile Legends: Bang Bang. China-based ByteDance has also agreed to sell its U.S. version of TikTok to an American-based investment group. This deal is consistent with our story that ran today on Savvy Games Group. In that interview from GDC last week, Savvy Games Group CEO Brian Ward said “no way” when I asked if he planned to slow down the pace of acquisitions at Savvy. Savvy Games Group has been the tip of the spear for Saudia Arabia’s rapid expansion into gaming. It was started by parent firm Saudi Arabia’s Public Investment Fund in January 2021 under the leadership of gaming veteran Brian Ward, acquiring esports firms ESL and Face-It in 2022 and taking a stake in VSPO. Then Savvy acquired big gaming companies including Scopely ($4.9 billion in April 2023) and Scopely in turn bought Niantic ($3.5 billion in March 2025). Savvy invested a large sum in Moonton this year. Also, the Public Investment Fund is also part of a consortium acquiring Electronic Arts for $55 billion and Warner Bros. Discovery for $110 billion. The post Savvy Games Group reportedly buys Moonton Games from ByteDance for $6.75B appeared first on GamesBeat.
ByteDance has reportedly agreed to sell Moonton Games, to Savvy Games Group, according to a report in Bloomberg.
Bloomberg reported $6 billion, but we believe the value is about $6.75 billion for the creator of games such as Mobile Legends: Bang Bang.
China-based ByteDance has also agreed to sell its U.S. version of TikTok to an American-based investment group.
This deal is consistent with our story that ran today on Savvy Games Group. In that interview from GDC last week, Savvy Games Group CEO Brian Ward said “no way” when I asked if he planned to slow down the pace of acquisitions at Savvy.
Savvy Games Group has been the tip of the spear for Saudia Arabia’s rapid expansion into gaming.
It was started by parent firm Saudi Arabia’s Public Investment Fund in January 2021 under the leadership of gaming veteran Brian Ward, acquiring esports firms ESL and Face-It in 2022 and taking a stake in VSPO.
Then Savvy acquired big gaming companies including Scopely ($4.9 billion in April 2023) and Scopely in turn bought Niantic ($3.5 billion in March 2025). Savvy invested a large sum in Moonton this year.
Also, the Public Investment Fund is also part of a consortium acquiring Electronic Arts for $55 billion and Warner Bros. Discovery for $110 billion.
The post Savvy Games Group reportedly buys Moonton Games from ByteDance for $6.75B appeared first on GamesBeat.
Bloomberg reported $6 billion, but we believe the value is about $6.75 billion for the creator of games such as Mobile Legends: Bang Bang.
China-based ByteDance has also agreed to sell its U.S. version of TikTok to an American-based investment group.
This deal is consistent with our story that ran today on Savvy Games Group. In that interview from GDC last week, Savvy Games Group CEO Brian Ward said “no way” when I asked if he planned to slow down the pace of acquisitions at Savvy.
Savvy Games Group has been the tip of the spear for Saudia Arabia’s rapid expansion into gaming.
It was started by parent firm Saudi Arabia’s Public Investment Fund in January 2021 under the leadership of gaming veteran Brian Ward, acquiring esports firms ESL and Face-It in 2022 and taking a stake in VSPO.
Then Savvy acquired big gaming companies including Scopely ($4.9 billion in April 2023) and Scopely in turn bought Niantic ($3.5 billion in March 2025). Savvy invested a large sum in Moonton this year.
Also, the Public Investment Fund is also part of a consortium acquiring Electronic Arts for $55 billion and Warner Bros. Discovery for $110 billion.
The post Savvy Games Group reportedly buys Moonton Games from ByteDance for $6.75B appeared first on GamesBeat.
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