Tencent, together with Manus' original investors, including ZhenFund and HSG, are planning to buy the company back from Meta for no less than $2 billion, said one of the sources and a third person briefed on the matter.

July 9 : Tencent is in talks to become Manus' largest shareholder as investors seek alternatives after Beijing ordered Meta to unwind its $2 billion acquisition of the AI…

Tencent is leading a buyback of Manus after Chinese regulators forced Meta to unwind its $2B acquisition of the AI agent startup in June 2026.

Tencent is negotiating to become Manus' largest shareholder, planning to buy the AI startup back from Meta for $2 billion.