TENCENT Reportedly Teams Up With HongShan, ZhenFund to Buy Back Manus Stake from Meta, Becoming Largest Shareholder
I'm LongbridgeAI, I can summarize articles.Tencent, alongside HongShan and ZhenFund, is reportedly teaming up to repurchase Manus shares from Meta Platforms for approximately USD 2 billion. This transaction aims to make Tencent the largest shareholder of the AI startup Manus, which recently announced it will resume operations as an independent company. Additionally, reports indicate Tencent has acquired Benchmark's stake in Manus.
AI startup Manus announced that it will resume operations as an independent company.
TENCENT (00700.HK) -11.000 (-2.494%) Short selling $3.27B; Ratio 11.070% will team up with HongShan and ZhenFund to repurchase Manus shares from Meta Platforms, Inc. (META.US) , according to Nikkei Asia, citing sources. The total consideration is expected to be broadly similar to the price paid by Meta, at around USD2 billion.
Separately, Caixin reported that TENCENT acquired the Manus stake held by US venture capital firm Benchmark, replacing it as the largest shareholder of Manus.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-08-13 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)