Moonton is owned by TikTok maker ByteDance and is known for titles including Mobile Legends: Bang Bang.

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Saudi Arabia's Savvy Games Group is reportedly in talks to acquire mobile game studio Moonton from ByteDance for $6-7 billion. Moonton, known for Mobile Legends: Bang Bang with 1.5 billion installs and 110 million monthly active users, would be the latest gaming acquisition by the Saudi state-backed Public Investment Fund. The deal follows PIF's pattern of major gaming investments including stakes in Nintendo, Take-Two, Capcom, and a proposed $55 billion EA buyout. The acquisition is part of Crown Prince Mohammed bin Salman's strategy to establish Saudi Arabia as a global gaming hub, though his regime faces ongoing criticism from human rights organizations.

Saudi Arabia eyeing $7 billion purchase of mobile studio Moonton