Intriguing Negotiations Unfold as ByteDance Initiates Quest to Seek Acquirer for Nuverse’s Gaming Endeavors, Garnering the Attention of Several Prominent Entities, Including Tencent.

After ByteDance’s announcement of withdrawing from the gaming business and shutting down Nuverse, the company has now started negotiating with multiple interested parties to sell its gaming assets. One name that has been mentioned in the ongoing negotiations is Tencent, the internet company and major game provider.

A representative from ByteDance clarified to Reuters that the company is still in talks to find a buyer for its assets, but no deal has been finalized yet.

The games owned by Nuverse and ByteDance that are currently being negotiated for sale include Crystal of Atland and Earth: Revival.

TLDR: ByteDance is in discussions with potential buyers, including Tencent, to sell its gaming assets, following the closure of Nuverse. No deal has been made yet.