According to The Information citing sources, Manus early investors plan to buy back the company from Meta for $2 billion on June 18, matching Meta's original acquisition price. The proposed buyback comes as China's government has pressured Meta to divest the deal, citing concerns over AI technology and capital outflows. Investors including Sequoia China-backed HSG, ZhenFund, and Tencent are organizing the acquisition.
Meta acquired Manus in December 2025 to strengthen its agentic AI capabilities. Since China's authorities demanded the deal's reversal in April, Meta has operationally separated from Manus and halted data sharing. Meanwhile, Manus' annual revenue has surged to $400-500 million in recent weeks, up significantly from approximately $100 million at the time of Meta's acquisition.