ByteDance has agreed to sell Moonton to Savvy Games Group for about $6 billion, shifting its focus to generative AI. The Beijing company wi...

ByteDance is in advanced talks to sell Shanghai Moonton Technology to Saudi Arabia's Savvy Games Group in a deal valued between $6 billion ...

The Chinese technology firm has no plan to return to the $185 billion global video games market, said the people, who declined to be identi...

Shanghai-based Moonton, which has developed the popular mobile game "Mobile Legends: Bang Bang", was acquired by ByteDance in 2021. At the ...

The 34-year-old left TikTok last month after two years with the firm, and his exit comes as TikTok and its Chinese owner ByteDance have bee...

Featuring games on its platform would boost advertising revenue as well as the amount of time users spend on the app - one of the world's m...

Gao, currently a Hong Kong-based capital markets attorney at law firm Skadden, will be based in Hong Kong and Singapore once she joins Byte...

The Chinese company was responding to local media reports on Wednesday which said it had dissolved its strategic investment team. The compa...

Zhang, 38, turned ByteDance into a social media powerhouse which has also had many brushes with global regulators

From Groww foraying into mutual funds to Amazon vaccinating its frontline workers in India and Bytedance taking Tencent to court, here's a ...

Profit rose 175% in the same period to 59.3 billion yuan, largely thanks to fair-value gains in companies Tencent has invested in, and sale...

The acquisition of the video games studio come as ByteDance, the owner of TikTok and the similar Chinese short video platform Douyin, has m...