Meitu thrives on exploding demand for paid AI content creation
Soaring demand for AI-generated product images, short videos and commercial content is transforming the company into a pay-per-use AI content platform Key Takeaways: Meituan’s first-quarter revenue from imaging and design…
BRIEF: Meitu profit jumps on imaging products growth
Beauty app operator Meitu Inc. (1357.HK) said on Friday it expects to report its adjusted profit for 2025 rose between 60% and 66% year-on-year from 586 million yuan ($84 million) in 2024. The company…
BRIEF: Meitu reports strong profit growth in first half of 2025
Beauty app operator Meitu Inc. (1357.HK) said on Monday it expects to report its adjusted profit rose between 65% and 72% in the first half of 2025 compared with the…
Meitu, Alibaba find beauty in new e-commerce partnership
The maker of beauty apps will sell $250 million worth of convertible bonds that could make the e-commerce giant its third-biggest shareholder Key Takeaways: Meitu and Alibaba have formed a…
Its bitcoin bet behind it, can Meitu find sustained profits in its beauty business?
The beauty software maker has sold all its cryptocurrency holdings and plans to use the profits for business development and a special dividend Key Takeaways: Meitu has sold off the…
Meitu looks for new growth story as China’s economy slows
The beauty app operator expects to report its adjusted profit rose 80% or more in the first half of the year, representing a sharp slowdown from the growth rate in…
FAST NEWS: Meitu adjusted profit triples on rising VIP subscriptions
The latest: Chinese beauty app Meitu Inc. (1357.HK) announced on Sunday that, excluding non-operating items, it expects to report a non-IFRS adjusted profit of between 330 million yuan ($45.9 million)…