Manus is set to return to independent operations after a Tencent-led shareholder group agreed to buy back the company from Meta for $2 billion, according to Caixin. People close to Manus said Tencent, ZhenFund and Sequoia China, previously among the company's main shareholders, are repurchasing Manus shares at a transaction price close to the one Meta announced when it acquired the company in December 2025. Benchmark, which had been Manus's largest shareholder before the acquisition, is not participating in the buyback. Its previous stake will be acquired by Tencent, making Tencent the largest shareholder after the deal. Manus is continuing normal operations, and an earlier report said the company is about to resume independent operations, with some users required to complete data backups before August 23.