TechFlow news — According to the Sing Tao Daily, Meitu recently announced its financial results showing a return to profitability. Kang Yicong, Senior Investor Relations Manager at Meitu, attributed this profit mainly to the company's subscription model, which helps mitigate the impact of macroeconomic fluctuations. In addition, the company's AI business has also become a key growth driver. Meanwhile, Meitu no longer considers cryptocurrency investments a priority and may sell them at an appropriate time.
Kang stated that although the current business environment is not as strong as expected, it has made Meitu's products more competitive in the market. The number of subscribers continues to grow, and Meitu will remain focused on image creation.
The company plans to globally launch its products, with a focus on Southeast Asia, Japan, South Korea, and the Europe-U.S. markets. It will also adopt localized development strategies to meet the needs of different regions.
