Esports investment report: over $4bn committed in March 2021
According to Esports Insider’s calculations, around $4.06bn (~£2.9bn) of disclosed investment relating to esports was committed in March 2021. The majority of that money — an estimated $4bn — was used by Nuverse to acquire Moonton, the game developer behind Mobile Legends: Bang Bang — one of the hottest esports titles in the world. To read more about a story, click the link in the corresponding title. Spotlighted story ByteDance acquires Moonton for around $4bn Credit: Moonton Chinese technology company and TikTok owner ByteDance has acquired Mobile Legends: Bang Bang developer and publisher Moonton.