Industry News
China Clears Savvy Games’ Over $6 Billion Acquisition of ByteDance Unit Moonton
China's market regulator has granted unconditional antitrust approval for Saudi Arabia's Savvy Games Group to acquire Shanghai-based video game studio Moonton from ByteDance. The transaction, agreed in March 2026 for over $6 billion, transfers ownership of Mobile Legends: Bang Bang to the PIF subsidiary.
