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According to a report in Hong Kong's "Sing Tao Daily," Meitu's Senior Investor Relations Manager, Kang Yicong, stated that the company's return to profitability this year was largely attributed to its subscription model, which helped stabilize revenues and avoid significant fluctuations due to macroeconomic changes. The recent growth in the AI business, which is currently thriving, has also been a driving force for Meitu. Not only has it contributed to the growth of subscriptions, but it is also expected to increase profitability. As for the cryptocurrency investments that the market has been following closely, she revealed that the company is no longer focused on buying and acquiring such assets and may consider selling them at an appropriate time. The company has essentially refrained from purchasing cryptocurrencies since 2021, as their initial purchase was based on strategic considerations, and no further operations have been conducted since then. |
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Post time 20-10-2023 11:16:38
