Yongzhufang
The author Liang Wuren, this article only represents the author’s own point of view.
Meitu (1357.HK), a beauty app developer, can only try to beautify its financial situation as investors have waited for years and have yet to see its first real profit.
A high-profile investor may be losing patience with the company after years of persistent losses sent its stock plunging well below its IPO price. Kai-fu Lee, a Google executive turned venture capitalist, transferred his investment in Meitu to the…