TikTok creator ByteDance snaps up the maker of the biggest mobile game in Southeast Asia, putting on an esports collision course with Tencent

Source: South China Morning PostTikTok maker ByteDance announced on Monday its biggest video game acquisition to date with Moonton Technology, which is being bought for an undisclosed amount by the company’s Nuverse studio, netting the tech giant one of the biggest mobile games in Southeast Asia as it seeks to rival Tencent Holdings as an equal in the industry.Moonton is the maker of Mobile Legends: Bang Bang, which surpassed 1 billion downloads in November, according to the company. The acquisition gives ByteDance what could…Read More

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