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Alibaba to invest 250 million USD in tech company Meitu
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Alibaba to invest 250 million USD in tech company Meitu
Meitu, the tech company best known for its image-processing app MeituPic (美图秀秀, sometimes Meitu Xiu Xiu, or just Meitu), has recently received a large investment, from none other than Alibaba. Alibaba has been divesting and selling off its “non-core” businesses, so the recent investment in Meitu was seen as a departure from the previous strategy. Alibaba’s AI knows what you want before you do this 618 The 250 million USD investment was agreed u…
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