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2023-12-07 06:00:00 ET Summary Meitu has completed new funding for its Singapore-based Pixocial unit that accounted for a major portion of the company’s net income in 2022. The new funding raised $22 million from participants including Fidelity’s Eight Roads investme...
2023-07-20 23:15:00 ET Summary Meitu expects to post a net profit of 220 million yuan to 260 million yuan in the first half of the year, reversing a 266 million yuan loss a year earlier. The beauty company posted its first net profit last year after shifting its focus to business-...
Summary Prominent venture capitalist and former Google China chief Lee Kai-Fu has cut his stake in Meitu to 0.52% from 0.75%. While the company touts that it has become profitable on an adjusted basis, it continues to make net losses under internationally recognized IFRS standards. ...
Beauty software maker Meitu said its $100 million bet on Bitcoin and Ether cryptocurrencies last year has lost nearly half its value. Despite the losses, company says it remains “positive on the long-term prospects of the acquired cryptocurrencies”. Chinese companies...
Point Roberts, WA and Delta, BC - April 9, 2021 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news brings you today's edition of the Crypto Corner podcast and commentary on what's driving cryptocurrency stocks and the crypto market. List...
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Point Roberts, WA and Delta, BC - April 9, 2021 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news brings you today's edition of the Crypto Corner podcast and commentary on what's driving cryptocurrency stocks and the crypto market. List...