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ByteDance has agreed to sell Moonton, the Shanghai-based developer of Mobile Legends: Bang Bang, to Saudi Arabia's Savvy Games Group for $6 billion—a $2 billion profit over its 2021 acquisition price. The deal marks ByteDance's complete exit from gaming as it redirects resources toward a $23 billion AI spending push, while extending Saudi Arabia's rapidly growing gaming empire past $16 billion in total acquisitions.