TikTok Prepares 57 Trillion To Buy Mobile Legends Developer (Moonton)
In a previous article, we have told you the news regarding Bytedance as a TikTok developer company interested in buying Moonton as a developer of Mobile Legends. In the previous article, the details regarding this news have not been disclosed. Starting from how much money Bytedance threw to the fate of Moonton itself.
The news of this giant acquisition first appeared through one of the analysis of the game industry in China – Daniel Ahmad. He said that the acquisition process would be one of the biggest this year. Where Bytedance as the company behind TikTok will buy Moonton and start entering the gaming industry.
Prepare 57 trillion rupiah
Speaking of this, roughly how much did Bytedance spend to buy Moonton? The answer has been revealed. As we know, Mobile Legends itself is one of the Mobile games with the largest community in the world. Until now, Mobile Legends has more than 90 million active users every month.
To have Mobile Legends, Bytedance must of course have large enough resources. Sure enough, it is known that Bytedance prepared funds of around USD 4 billion or the equivalent of IDR 57 trillion rupiah just to buy the developer behind the Mobile Legend. This report itself comes from Reuters.
Tencent lost to Bytedance
They claim that this news came from two reliable sources. The good news is that Bytedance will allow Moonton to operate independently as before after this acquisition process. Not only that, Tencent is also one of the giants who are interested in acquiring Moonton.
But unfortunately, Tencent is known to lose when competing with Bytedance for this acquisition. Will Bytdance be able to beat Tencent through Mobile Legends? Interesting for us to wait.
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