ByteDance acquires Mobile Legends publisher Moonton at a reported $4bn valuation

Chinese technology company and TikTok’s owner ByteDance has reportedly acquired Mobile Legends: Bang Bang developer and publisher Moonton. The acquisition, which is believed to be valued to be around $4bn, has been made through ByteDance’s video games unit Nuverse, according to Reuters. __RELATED: [JOIDATA enters data-focused partnership with Moonton]( ByteDance said in a statement: “Through cross-team collaboration and drawing on lessons and insights from its own rapid growth, Moonton provides the strategic support needed to a…

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