Overview
- Meta said there will be no continuing Chinese ownership in Manus after closing, and Manus will discontinue services and operations in China.
- Multiple reports place the price above $2 billion, with all existing investors bought out and the agreement reached in roughly 10 days.
- Manus builds autonomous general-purpose agents that can handle multi-step tasks such as résumé screening, trip planning, coding and stock analysis.
- The company reports rapid traction, including more than $100 million in annual recurring revenue within eight months, millions of users, and over 147 trillion tokens processed.
- CEO Xiao Hong will join Meta and report to COO Javier Olivan, most of Manus’s roughly 100 staff are in Singapore, and analysts expect regulatory scrutiny given the startup’s Chinese roots.