Tencent, ZhenFund, Sequoia China and other investors spent $2 billion to repurchase Manus shares from Meta.
1 hours ago
According to monitoring by Beating and a Caixin report, former major shareholders of Manus including Tencent, ZhenFund and Sequoia China have repurchased Manus shares from Meta for $2 billion. The $2 billion transaction price is close to the acquisition price announced by U.S. social media tech giant Meta in December 2025. Benchmark, Manus’ largest shareholder prior to its acquisition, will not participate in this repurchase. Benchmark’s former stake will be acquired by Tencent, which will become Manus’ largest shareholder. Manus is currently operating normally. The company announced yesterday that it will resume independent operations. To complete this transition and meet regulatory requirements in some jurisdictions, affected users must complete data backup by 7:59 a.m. Singapore time on August 23, and start data recovery from 8:00 a.m. on August 25 to ensure normal subsequent use. Manus also stated that it is preparing a series of new features to further expand the capabilities of its general-purpose AI agents, and expressed full confidence in the company’s prospects after resuming independent operations.
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