ByteDance is a Chinese technology company with interests spanning consumer internet platforms and gaming.
In the first half of 2026 ByteDance sold the gaming studio Shanghai Moonton Technology to the Riyadh-based Savvy Games Group in a transaction valued at $6 billion, one of the largest deals of the period involving a GCC sovereign wealth fund.
Facts compiled by Executive Moves from publicly available news and press releases on 16 July 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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