News for Meitu, Inc. (1357.HK)

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Meitu shares jump on $180 mln crypto sale amid Bitcoin rally

This AI company just sold all its Bitcoin and Ethereum holdings

Meitu, Inc. provided earnings guidance for the year ended December 31, 2023. For the period, the company expected the Group may record a net profit attributable to the owners of the company of between...

Meitu has completed a new funding for its Singapore-based Pixocial unit that accounted for a major portion of the company’s net income in 2022.

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Key Takeaways: 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-oriented services rather than services targeting consumers

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

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Given the massive buzz surrounding AI with the recent release of ChatGPT, the level of investment in AI technology has increased significantly alongside its growing adoption among businesses. Given the...