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Announced

Completed

ByteDance completed the acquisition of Moonton for $4bn.

Financials

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Transaction Value£2,883m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Domestic

China

Acquisition

Friendly

video games

Majority

Single Bidder

Gaming

Private

Completed

Synopsis

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ByteDance, a multinational internet technology company headquartered in Beijing, completed the acquisition of Moonton, a gaming studio, for $4bn. "Through cross-team collaboration and drawing on lessons and insights from its own rapid growth, Moonton provides the strategic support needed to accelerate Nuverse's global gaming offerings," ByteDance.

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