ByteDance says its Nuverse video game unit has acquired Shanghai-based gaming studio Moonton Technology, sources say for around $4B (Reuters)

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Reuters:
ByteDance says its Nuverse video game unit has acquired Shanghai-based gaming studio Moonton Technology, sources say for around $4B  —  (Reuters) - ByteDance said on Monday its video games unit Nuverse has agreed to acquire Shanghai-based gaming studio Moonton Technology, as it seeks to further expand into the video games business.

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