AITechFundingNewsabout 4 hours ago
Chinese backers seek to buy Manus back from Meta
3 min read
Early Chinese investors including HSG, ZhenFund, and Tencent are working to buy AI agent startup Manus back from Meta at the original $2 billion valuation. Manus annualized revenue quadrupled from $100 million to $400-$500 million since the December acquisition. Chinese regulators reportedly ordered Meta to unwind the deal.
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