Recently, news has surfaced that Savvy Games Group, a gaming behemoth in Saudi Arabia, is engaged in negotiations with ByteDance regarding the acquisition of its wholly-owned subsidiary, Shanghai Moonton Technology. At present, the talks between the two entities are still in progress, and the final result remains up in the air, with the possibility that the deal might not materialize. According to the Aiqicha App, Shanghai Moonton Technology Co., Ltd. has made direct investments in nine tech enterprises situated in Shanghai and Chengdu, all of which are currently in active operation. Moreover, the company exercises actual control over nearly ten enterprises through direct or indirect methods. It's noteworthy that the company has filed for software copyrights for a substantial number of games, among which are well - known titles like Mobile Legends: Bang Bang and Apocalypse Matrix.