Tencent and Co-Investors Buy Back Manus from Meta for $2 Billion

Tencent and Co-Investors Buy Back Manus from Meta for $2 Billion

N
News Editor
2026-08-12 01:56:57
Tencent, ZhenFund and Sequoia Capital China have paid Meta $2 billion to buy back Manus, according to Caixin. Meta announced its acquisition of Manus in December 2025, and the buyback price is close to the acquisition value announced at that time. Benchmark, Manus' largest shareholder before the takeover, will not take part in the buyback. Its stake will instead go to Tencent, making Tencent the largest shareholder. Manus said it is operating normally, and yesterday the company released an announcement saying it will soon resume independent operations. To complete the transition and satisfy regulatory requirements in certain jurisdictions, affected users must back up their data by 7:59 am Singapore time on August 23, and data restoration will begin at 8:00 am on August 25. Manus also said it is preparing a range of new features aimed at further expanding the capability boundaries of general-purpose AI agents. The company said it looks forward to the development prospects after resuming independent operations.

Tencent, ZhenFund and Sequoia Capital China have paid Meta $2 billion to buy back Manus, Caixin reports. The price matches the valuation Meta used when it announced the acquisition in December 2025.

Benchmark, which held the largest stake in Manus before the acquisition, will not join the buyback. Tencent will take over Benchmark's shares and become Manus' largest shareholder.

Manus remains fully operational. Yesterday, it announced that it will shortly resume independent operations. For the transition to go smoothly, and to meet regulatory requirements in some jurisdictions, affected users need to back up their data before 7:59 am Singapore time on August 23. Data restoration will open at 8:00 am on August 25.

Manus added that it is building a lineup of new features to push the limits of general-purpose AI agents, and said it is confident about what lies ahead once it operates independently again.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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