China's Bytedance eyes sales of gaming unit Moonton, in talks with potential buyers

China's Bytedance eyes sales of gaming unit Moonton, in talks with potential buyers

FILE PHOTO: The logo of TikTok's parent company ByteDance is seen at its booth during an organised media tour to the Zhongguancun National Innovation Demonstration Zone Exhibition Center in Beijing, China February 10, 2022. REUTERS/Florence Lo

TikTok owner ByteDance is discussing the sale of its gaming unit Moonton Technology with potential buyers, two years after it acquired the Shanghai-based studio in a deal that valued it at $4 billion, five people familiar with the matter said.

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