Meta’s big Manus AI purchase hits a Chinese regulatory wall

The Meta–Manus deal was supposed to be simple enough: Meta buys AI agent startup Manus, keeps the service running, and folds the agent into its apps. But now, the complication is geopolitical math. China’s Ministry of Commerce says it’ll review the purchase for compliance with rules covering tech exports, data moving abroad, and foreign investment, signaling that Manus’ “based in Singapore” doesn’t automatically mean “beyond Beijing’s reach.”

Meta didn’t disclose the terms of the deal when it announced the acquisition late last year, but the deal has been widely valued in the $2 billion to $3 billion range — a serious price for a company that’s basically selling one promise: agents that don’t just talk — they actually do.

What Meta is buying is an AI agent — software pitched as a step beyond chatbots. Manus is built to take a goal (“summarize these documents,” “screen these resumes,” “plan this trip,” “analyze this stock”) and then go do the steps: spinning up a virtual workspace, clicking around, running tools, stitching outputs, and delivering something closer to finished work than a smart suggestion — all of which fits neatly into Meta’s obsession with being the default assistant inside messaging and business tooling, an ecosystem where Meta already prints money. Manus has also been loudly signaling traction; it posted that it crossed $100 million in annual recurring revenue eight months after launch, and claimed a $125 million revenue run rate when including use-based revenue.

Manus has said that service will continue from Singapore “without changing how Manus works or how decisions are made,” but integration into Meta products usually changes something — even if it’s just distribution and policy.

So why is Beijing in the middle of Meta’s shopping spree? Because Manus’ corporate address isn’t the whole story. It’s based in Singapore, but it was founded in China and has continued roots in the country (continued ties to Beijing and a strategic partnership with Alibaba), putting the company in the category that China is increasingly treating as strategic: advanced AI capability that can be moved, exported, or effectively “transferred” through ownership. The Commerce Ministry’s review tees up the questions that matter to a state that treats AI like industrial policy: what counts as an export, what counts as a sensitive transfer, and who gets to approve it. Beijing wants to look at whether this deal triggers Chinese rules around technology exports, cross-border data movement, and foreign investment.

Meta’s response has been to draw the cleanest line it can: no continuing Chinese ownership interest after the deal and Manus discontinuing services and operations in China. Even if that’s enough to satisfy politics in both the U.S. and China, it doesn’t automatically answer the question of what counts as an export when the “thing” being exported is a team, a system, and the operational know-how to build agents that can touch real workflows — strategic development, not normal software.