China is giving Manus to Tencent after blocking Meta’s attempted acquisition
The post China is giving Manus to Tencent after blocking Meta’s attempted acquisition appeared on BitcoinEthereumNews.com. China is pushing Manus toward a new group of owners after telling Meta Platforms (NASDAQ: META) to reverse its $2 billion purchase of the AI agent startup. As per the Financial Times, Tencent Holdings (HKEX: 0700) will hold the maximum stake, but not more than 50 percent. It means that Manus will remain an independent entity and will continue its operations from Singapore instead of becoming a part of Tencent. The new deal would keep the same $2 billion valuation used when Meta bought Manus in December 2025. Former investors such as Tencent, ZhenFund, and HSG are taking part in the talks, along with Manus executives. Other investors could still join before an agreement is reached. China forces investors to rebuild Manus after Meta separates the business Beijing ordered Meta to reverse the purchase in April 2026, saying the deal broke local investment rules. Manus c