Tencent to Take Over Manus and Become the Largest Shareholder, Valuation of $2 Billion to Focus on Intelligent Body Ecosystem
Tencent is negotiating to become the largest shareholder of Singapore AI startup Manus, after Meta's $2B acquisition was ordered revoked. Existing backers including Tencent, ZhenFund, and Sequoia China plan to support the revocation at the same valuation, with Tencent subscribing for the most shares and possibly retaining a minority stake.....
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