Tencent and ZhenFund Buy Back Manus Shares for $2 Billion

Tencent, ZhenFund, and Sequoia China, the main shareholders of Manus, have repurchased Manus shares from Meta for $2 billion, with the transaction price close to the acquisition price announced by Meta in December 2025. Benchmark was the largest shareholder of Manus before the acquisition, but did not participate in this buyback; its shares will be acquired by Tencent, making Tencent the largest shareholder of Manus. Currently, Manus is operating normally and has announced the resumption of independent operations, with some users required to back up their data by August 23.

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