ByteDance in Talks With Potential Buyers to Sell Game Titles

TikTok’s parent company is reportedly in discussions to sell gaming titles to potential buyers. It is scaling back its gaming ambitions and looking to offload game titles to several interested parties. One potential buyer is Tencent, with ByteDance’s gaming unit Nuverse engaged in negotiations. A ByteDance spokesperson confirmed ongoing talks with multiple potential buyers and clarified that no transaction with Tencent has been finalized.