ByteDance Negotiates Sale of "Mobile Legends" Developer to Saudi Savvy Games

LootboxPhobia · 2026-02-14T05:28:10+00:00

ByteDance is in talks with Saudi Savvy Games Group to sell Shanghai Moutang Technology, the developer of "Mobile Legends: Bang Bang," for $6 billion to $7 billion, with the transaction expected to be completed within this quarter.

LootboxPhobia

2026-02-14 05:28:10

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Investing.com – According to Reuters, ByteDance is in advanced negotiations with Saudi Arabia’s Savvy Games Group to sell Shanghai Moutong Technology for between $6 billion and $7 billion.

Shanghai Moutong Technology is the developer of the popular mobile game “Mobile Legends: Bang Bang.”

Reports indicate that the two companies have reached a preliminary agreement on the general terms of the deal, which could be completed as early as this quarter.

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