Overview

• ByteDance, the owner of TikTok, is reportedly considering selling its gaming unit, Moonton Technology.
• ByteDance acquired Moonton, the developer of the popular mobile game 'Mobile Legends: Bang Bang', two years ago in a deal that valued the studio at $4 billion.
• The potential sale comes as ByteDance appears to be downsizing its gaming operations, with significant job cuts reported in the past year.
• Moonton is currently involved in a legal dispute with Riot Games, which claims 'Mobile Legends: Bang Bang' is a copy of its game 'League of Legends'.
• ByteDance's move to sell Moonton may indicate a shift in focus towards its core social media and e-commerce businesses.