TENCENT TO BECOME TOP SHAREHOLDER OF MANUS AS META DEAL UNWINDS Tencent will acquire the AI agent developer's shares from Meta $META, per Nikkei. The buyback values Manus at $2B, the same price Meta paid when it acquired the company in December, and comes after Chinese regulators ordered the deal unwound on national security grounds. ZhenFund and HSG, formerly Sequoia China, are also among the investors taking part. Manus returns to operating as an independent company. Its annualized recurring revenue rose from about $100M at the time of the acquisition to roughly $400M.

TENCENT TO BECOME TOP SHAREHOLDER OF MANUS AS META DEAL UNWINDS Tencent will acquire the AI agent developer's shares from Meta $META, per Nikkei. The buyback values Manus at $2B, the same price Meta paid when it acquired the company in December, and comes after Chinese regulators ordered the deal unwound on national security grounds. ZhenFund and HSG, formerly Sequoia China, are also among the investors taking part. Manus returns to operating as an independent company. Its annualized recurring revenue rose from about $100M at the time of the acquisition to roughly $400M.

Source:https://x.com/faststocknewss/status/2087927004931006750