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Tencent eyes stake in Manus after Meta's $2 billion deal setback
short by Jessica Rajan / on Friday, 10 July, 2026
Chinese gaming firm Tencent is in talks to become the largest shareholder in AI startup Manus after Beijing ordered Meta to unwind its $2 billion acquisition, Reuters reported. Tencent, along with Manus' existing investors, plans to buy back the company for at least $2 billion. China launched a review in April to assess whether Meta's deal breached investment rules.
read more at Moneycontrol