ByteDance in talks with Tencent, others to sell gaming assets

ByteDance in talks with Tencent, others to sell gaming assets

FILE PHOTO: The ByteDance logo is seen at the company's office in Shanghai, China July 4, 2023. REUTERS/Aly Song/File Photo

TikTok-owner ByteDance said on Tuesday that it is in talks with multiple prospective buyers of its gaming assets, including the world’s largest video games company, Tencent, as the Chinese social media firm retreats from the gaming industry.

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