ByteDance sells games studio Moonton to Saudi firm for over US$6 billion amid pivot to AI

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Source: South China Morning Post
Published: 2026-03-20 22:32 UTC+10:00
Section: Moonton
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Asia, Technology & AI, China, Asia Pacific
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Snippet:
TikTok owner sold three gaming units in 2024 – two to Tencent and one to a subsidiary of China Ruyi Holdings
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