Chinese regulators ordered Meta to reverse its $2 billion acquisition of the company. Tencent is working with Manus' early investors, including ZhenFund and HSG, to buy the company back from Meta for at least $2 billion.

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.