The global gaming industry is witnessing a potentially massive move:\nByteDance, the Chinese tech giant known for the TikTok platform, is\nreportedly close to finalizing the sale of Moonton Technology, the\nstudio behind Mobile Legends: Bang Bang, to Saudi Arabia\u2019s Savvy Games\nGroup. The deal is estimated at USD 6\u20137 billion, or approximately Rp 100\ntrillion, marking one of the largest transactions in mobile gaming\nhistory.<\/p>\n
Sources from international media report that ByteDance and Savvy\nGames Group have agreed on the broad framework of the deal, with talks\nnow entering the final stage. If all goes smoothly, the acquisition\ncould be completed in the first quarter of 2026, transferring ownership\nof one of the world\u2019s most popular mobile games.<\/p>\n
ByteDance, Moonton, and Savvy Games have not officially confirmed the\ndetails of the deal. Nevertheless, reports indicating the advanced stage\nof negotiations strongly suggest that the change in ownership is all but\ncertain.<\/p>\n
Moonton, founded in 2014 and known for the title Mobile Legends: Bang\nBang, was previously acquired by ByteDance in 2021 for approximately USD\n4 billion, or around Rp 67 trillion. The acquisition was seen as a\nstrategic move by ByteDance to strengthen its position in the global\ngaming industry. However, ByteDance\u2019s business restructuring in 2023 led\nthe company to refocus on core services such as social media, artificial\nintelligence, and other digital platforms. Moonton was consequently\nearmarked as a priority asset for divestiture to streamline the\nportfolio and improve operational efficiency.<\/p>\n
Savvy Games Group is a company backed by Saudi Arabia\u2019s Public\nInvestment Fund (PIF), which has been actively making large-scale\ninvestments in the global entertainment and technology sectors. The\ngroup has previously acquired several major gaming companies, signaling\nits ambition to become a dominant force in the global gaming and\ne-sports industry.<\/p>\n
For Saudi Arabia, this acquisition is more than just a business\ntransaction. It is part of the country\u2019s long-term strategy to expand\nits influence in the global digital industry, including interactive\nentertainment and e-sports.<\/p>\n
Mobile Legends: Bang Bang is one of the largest mobile MOBA games in\nthe world, with over 1.5 billion global downloads and 110 million\nmonthly active users. The game boasts a massive community, particularly\nin Southeast Asia, along with a robust competitive ecosystem in the\ne-sports arena.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/mobile-legends-said-to-be-entering-a-new-chapter-1771172498", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }