Meitu seeks turnaround with hefty M&A bid

China’s biggest selfie-app operator pays $342 million to venture into video gaming in the face of rapidly changing consumer trends and a declining share price.
Meitu's photo app faces serious challenges
Meitu's photo app faces serious challenges

Meitu, China’s biggest selfie app operator by user number, is set to conduct the largest acquisition in the company’s history as it tries to diversify away from its struggling core business.

¬ Haymarket Media Limited. All rights reserved.

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