HomeOtherMeitu has not been profitable for many years, and famous investors reduce...

Meitu has not been profitable for many years, and famous investors reduce their holdings


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…

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