PANews
PANews|Aug 12, 2026 01:38
[Tencent, ZhenFund, and others repurchase Manus shares from Meta for $2 billion] According to Caixin, sources close to Manus revealed that Tencent, ZhenFund, Sequoia China, and other major shareholders of Manus have repurchased Manus shares from Meta for $2 billion. The transaction price of $2 billion is close to the acquisition price announced by the U.S. social media tech giant Meta in December 2025. Benchmark, which was the largest shareholder before the acquisition, will not participate in this repurchase. Benchmark's previous shares will be acquired by Tencent, which will become Manus's largest shareholder. Currently, Manus is operating normally. Earlier reports stated that Manus announced it would resume independent operations, and some users are required to back up their data by August 23.
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