ByteDance enters ‘second phase’ of video gaming business, as new head of Nuverse unit says focus is on ‘fun games’

Zhang will report to Hua Wei, who heads ByteDance’s human resources department. Mobile Legends: Bang Bang is a multiplayer online battle arena title developed and published by Moonton Technology, owned by the Nuverse unit of ByteDance. Photo: Handout In an internal letter sent by Zhang and Hua on Friday, they pointed out that the video … Read more

ByteDance appoints new CEO for Moonton studio as it consolidates video gaming business

TikTok owner ByteDance, which has been scaling back its video-gaming operations in recent months, has appointed a new CEO for Moonton Technology, the creator of Mobile Legends: Bang Bang, according to people familiar with the matter. Zhang Yunfan, a former executive at video-gaming company Perfect World, joined ByteDance in April to lead the Shanghai-based studio, … Read more