ByteDance to Sell Games Division

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Bytedance.png
ByteDance to Sell Games Division

Business

09 January 2024 15:18

The parent company of TikTok, ByteDance, has officially acknowledged ongoing discussions about the potential sale of its video games operations. The company is reportedly in talks with various potential buyers, with Tencent, among them. However, as of now, no final agreement has been reached. Rumors of ByteDance selling its gaming subsidiary, Nuverse, have been circulating since November, following earlier reports about the company's intention to sell Moonton Technology, the developer behind Mobile Legends: Bang Bang.

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Bytedance.png
ByteDance to Sell Games Division

Business

09 January 2024 15:18

Tags: ByteDance

The parent company of TikTok, ByteDance, has officially acknowledged ongoing discussions about the potential sale of its video games operations. The company is reportedly in talks with various potential buyers, with Tencent, among them. However, as of now, no final agreement has been reached. Rumors of ByteDance selling its gaming subsidiary, Nuverse, have been circulating since November, following earlier reports about the company's intention to sell Moonton Technology, the developer behind Mobile Legends: Bang Bang.

Share:Twitter.pngFacebook.pngInstagram.pngLinkedin.png
Sources:
South China Morning Post.png
Report mistake   Report-mistake-icon.png
Submit news   Submit-news-icon.png

Related News Icon Related news

View All
News Image
TikTok Ban Removes Games from US Market

Marvel Snap and Mobile Legends: Bang Bang were temporarily removed from availability in the United States over the weekend due...

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Jan 20, 2025

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