Spatially periodic structures with a long range period, referred to as moiré pattern, can be obtained in van der Waals bilayers in the presence of a small stacking angle or of lattice mismatch between the monolayers. Theoretical predictions suggest that the resulting spatially periodic variation of the band structure modifies the optical properties of both intra and interlayer excitons of transition metal dichalcogenides heterostructures. Here, we report on the impact of the moiré pattern formed in a MoSe 2 /MoS 2 heterobilayer encapsulated in hexagonal boron nitride. The periodic inplane potential results in a splitting of the MoSe 2 exciton and trion in both emission 1 arXiv:1811.03408v1 [cond-mat.mes-hall] 8 Nov 2018 and absorption spectra. The observed energy difference between the split peaks is fully consistent with theoretical predictions. Keywords Transition metal dichalcogenides, van der Waals heterostructures, moiré pattern, moiré excitons, valley polarization The vertical stacking of atomically thin planes of layered solids provides a rich playground to expand the properties of the constituting layers, which gives rise to new and attractive features. 1,2 The possibility to combine a plethora of different layered materials allows to efficiently tailor the properties of van der Waals heterostructures. In particular, this approach has been successfully employed for transition metal dichalcogenides (TMDs). 3,4 Sandwiching TMD monolayers between hexagonal boron nitride (hBN) improves significantly their optical and electrical properties, 5,6 paving the way to access their rich excitonic and transport physics. 5-14 Bringing TMD monolayers in close contact with graphene makes it possible to tune controllably the band gap of the TMD, owing to the locally different dielectric environment. 15 Stacking different semiconducting TMDs also allows to overcome the limitations of isolated TMD monolayers in valleytronic applications, 16-20 such as very short exciton and valley polarization lifetimes. 21-25 TMD heterostructures exhibit type II band alignment, 3,4,26 which leads to the formation of interlayer excitons with radiative and valley lifetimes up to five orders of magnitude longer than for intralayer exitons. 27-32 The helicity of the long lived interlayer exciton emission can be further controlled by the polarization of the excitation laser, 28,31-34 which makes van der Waals heterostrucures attractive for valleytronic applications.Due to the weak van der Waals interactions in heterostructures, the lattice constant of each monolayer does not conform to that of the underlying substrate. If monolayers with different lattice parameters or with a non-zero (but small) stacking angle are overlaid, a