Sources: China plans to soon lift a travel ban on Manus founders as the company unwinds its $2B acquisition by Meta; CEO Xiao Hong plans to return to Singapore (Zijing Wu/Financial Times)
China is preparing to let Manus’s founders leave as the Meta deal comes apart.
The Financial Times says the travel ban is expected to be lifted soon while Manus unwinds its $2B acquisition by Meta. CEO Xiao Hong plans to return to Singapore. A linked Nikkei Asia follow-up says Tencent is set to become Manus’s top shareholder as the Meta separation is resolved. Techmeme's note
The Financial Times says the travel ban is expected to be lifted soon while Manus unwinds its $2B acquisition by Meta. CEO Xiao Hong plans to return to Singapore. A linked Nikkei Asia follow-up says Tencent is set to become Manus’s top shareholder as the Meta separation is resolved. Techmeme's note
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