VENDOR · APAC
Tencent in talks to acquire VR hand-tracking firm Manus from Meta at $2 billion valuation
Tencent negotiating to buy back Manus (VR input/hand-tracking hardware) from Meta at $2B valuation, signaling Tencent's pivot toward spatial computing infrastructure independent of Meta's ecosystem. Sources indicate Tencent will not seek majority control.
WHY IT MATTERS
APAC fintech competitors building metaverse/spatial finance interfaces now have alternative hardware suppliers. Reduces Meta lock-in for banking apps in VR; relevant for institutions exploring immersive trading or remote onboarding.
Source: finance.biggo.com · 2026-07-11