Tencent in Talks to Buy Majority Stake in AI Agent Startup Manus at $2B Valuation

Jul 11, 2026

Tencent is in talks to acquire a majority stake in AI agent startup Manus at a $2 billion valuation, after Beijing blocked Meta's previous acquisition attempt. The move aligns with Tencent's plans to integrate AI agents into WeChat, and U.S. firm Benchmark is not expected to participate.

Why it matters: If completed, the deal could strengthen Tencent's position in AI agents and enhance WeChat's capabilities.

Full story at: The Decoder ↗