About Meitu
Meitu is a company based in Xiamen (China) founded in 2008 by Wu Xinhong, Cai Wensheng, and Xinhong Wu.. Meitu has raised $525 million across 10 funding rounds from investors including Alibaba.com, Weibo and Sina. The company has 2,420 employees as of December 31, 2024. Meitu has completed 3 acquisitions, including Dajie, ZCool and Zoku.com. Meitu operates in a competitive market with competitors including PicsArt, Visual Supply Co, SenseTime, Fotor and Kittl, among others.
- Headquarter Xiamen, China
- Employees 2420 as on 31 Dec, 2024
- Founders Wu Xinhong, Cai Wensheng, Xinhong Wu
- Stage Public
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Sectors
Media & EntertainmentRetail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Meitu, Inc
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Annual Revenue
$466.1 M (USD)21.6as on Dec 31, 2024
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Net Profit
$112.4 M (USD)108.84as on Dec 31, 2024
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EBITDA
$81.28 M (USD)56.18as on Dec 31, 2024
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Total Equity Funding
$525 M (USD)
in 10 rounds
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Latest Funding Round
$250 M (USD), Post-IPO
May 21, 2025
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Investors
Alibaba.com
& 16 more
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Employee Count
2420
as on Dec 31, 2024
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Investments & Acquisitions
Dajie
& 2 more
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IPO & Listings of Meitu
Meitu is a publicly listed company on the HKEX with ticker symbol 1357 in Hong Kong, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Sales and Marketing
15 people
Software Development Team
7 people
Human Resources and Administration
7 people
Product Management Team
7 people
Leadership Team
6 people
Finance and Accounting
2 people
Business Team
2 people
Data Analysis and Operations Team
2 people
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Funding Insights of Meitu
Meitu has successfully raised a total of $525M across 10 strategic funding rounds. The most recent funding activity was a Post-IPO round of $250 million completed in May 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 10
- Last Round Post-IPO — $250.0M
- First Round First Round
- Investors Count 17
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2025 | Amount | Post-IPO - Meitu | Valuation |
investors |
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| Apr, 2016 | Amount | Series D - Meitu | Valuation | China Merchants Capital , Harvest Capital | |
| Jan, 2015 | Amount | Series C - Meitu | Valuation | Tiger Global Management |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Meitu
Meitu has secured backing from 17 investors, including institutional and venture fund investors. Prominent investors backing the company include Alibaba.com, Weibo and Sina. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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PE firm investing in China
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Founded Year | Domain | Location | |
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Private equity firm investing in multiple sectors
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Founded Year | Domain | Location | |
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Private equity firm focused on multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Meitu
Meitu has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Dajie, ZCool and Zoku.com. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online job board for graduates
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2008 | ||||
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Designers' portfolios are showcased on an online community platform.
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2006 | ||||
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Virtual collaboration spaces are provided for enterprise task coordination.
|
1999 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Meitu
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Meitu Comparisons
Competitors of Meitu
Meitu operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as PicsArt, Visual Supply Co, SenseTime, Fotor and Kittl, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Photos and videos are edited using AI-assisted tools and stickers.
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| domain | founded_year | HQ Location |
Community for photographers
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| domain | founded_year | HQ Location |
AI based platform offering image recognition solutions
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| domain | founded_year | HQ Location |
Online photo editing and social features are provided.
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| domain | founded_year | HQ Location |
AI-powered photo editing platform
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| domain | founded_year | HQ Location |
Photo editing app providing AI-based filters for face transformations.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Meitu
Frequently Asked Questions about Meitu
When was Meitu founded?
Meitu was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Where is Meitu located?
Meitu is headquartered in Xiamen, China. It is registered at Xiamen, Fujian, China.
Who is the current CEO of Meitu?
Wu Xinhong is the current CEO of Meitu. They have also founded this company.
Is Meitu a funded company?
Meitu is a funded company, having raised a total of $525M across 10 funding rounds to date. The company's 1st funding round was a Series C of $190M, raised on Jan 01, 2009.
How many employees does Meitu have?
As of Dec 31, 2024, the latest employee count at Meitu is 2,420.
What is the annual revenue of Meitu?
Annual revenue of Meitu is $466.1M as on Dec 31, 2024.
What does Meitu do?
Meitu started off as a developer of free photo and video editing apps for users called Meitu XiuXiu. The company has now expanded into facial recognition and smartphones. It partnered with Foxconn Technology Group to expand in Southeast Asia and India and has targeted 5 million smartphone shipments for 2016. The companys main app is targeted at young women and includes beautifying features such as altering the skin tone, making face thinner, making eyes bigger, etc. From its photo and selfie editing app, the company has forayed into a social network around its users and also launched a smartphone brand. Launched its first phone MeituKiss in 2013, its phones feature a high-end front camera for taking better selfies. Other apps by the company include Meipai (short video app), Meimeixiaodian (mobile game around outfits and make-up), among others. Claims to have 100 million registered users and a valuation of 2B as of 2015. Backed by Sina Weibo and Qiming Ventures.
Who are the top competitors of Meitu?
Meitu's top competitors include Visual Supply Co, SenseTime and PicsArt.
Is Meitu publicly traded?
Yes, Meitu is publicly traded on HKEX under the ticker symbol 1357.
How many acquisitions has Meitu made?
Who are Meitu's investors?
Meitu has 17 investors. Key investors include Alibaba.com, Weibo, Sina, Temasek, and Qiming Venture Partners.
What is Meitu's ticker symbol?
The ticker symbol of Meitu is 1357 on HKEX.
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