Saudi-backed Savvy Games acquires mobile developer Moonton for $6 billion

Saudi-backed Savvy Games has acquired Chinese mobile developer Moonton for $6 billion, strengthening its position in the mobile gaming and esports markets. Moonton is known for its popular MOBA game Mobile Legends: Bang Bang, which boasts over 110 million monthly active players. This acquisition is part of Savvy Games' broader strategy to invest heavily in the gaming industry.

• COMPANY Microsoft
• COMPANY Moonton
• COMPANY Savvy Games
• COMPANY EA
• COMPANY Bytedance
• COMPANY Bethesda
• GAME Pokémon Go
• COMPANY Niantic
• GAME Mobile Legends: Bang Bang
• COMPANY Scopely