Maya Robertson
ByteDance yesterday announced that its gaming unit Nuverse has acquired Chinese game developer C4games.
The news comes a week after Nuverse reportedly acquired Shanghai-based gaming studio Moonton at a $4B valuation.
As reported by Reuters, the acquisition is a part of TikTok-maker’s ongoing efforts to expand into the games business and compete with PUBG Mobile developer Tencent.
In October, ByteDance launched a new mobile games store dubbed Danjuan Games with puzzle games and simple-side scrollers.
A month later, the Chinese tech giant also launched a new publishing arm named Pixmain with 5 available titles.
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