Manus Moved to Singapore. Beijing Killed the Deal Anyway.
Meta's roughly $2 billion acquisition of Manus formally unwound on September 1, 2026 — eight months after signing, four months after China's NDRC prohibited it in a one-line notice with no reasoning. Manus had already relocated its HQ to Singapore, cut Beijing staff, and blocked Chinese users. None of it mattered. Here is what that means for anyone treating redomiciliation as regulatory insurance.