Saudi Arabia Moves to Buy Moonton in $6–7B Mobile-Gaming Play
Saudi Arabia's Savvy Games Group is reportedly close to a $6–7 billion deal to acquire Moonton, ByteDance's mobile-games arm behind Mobile Legends, with broad terms already agreed and a potential announcement as soon as March, marking another step in Riyadh's aggressive mobile-gaming consolidation (a pattern mirrored by Savvy's prior acquisitions of Scopely and Niantic).