SEA Deal Ticker
Beijing can unwind a Singapore company's exit: Manus AI leaves Meta, $2B deal reversed
China's National Development and Reform Commission prohibited Meta's $2 billion purchase, which had closed in December 2025. Manus operates independently again and deletes data for users who registered on or after 29 December 2025.
Positive-sum angle: Founders routing a China-rooted company through Singapore now price regulatory reach, not just residency, into an exit — and buyers who structure for it early get the cleaner deal.