June 22, 2018 11:56 AM ET

Software

Company Overview of Xiamen Meitu Technology Co., Ltd.

Company Overview

Xiamen Meitu Technology Co., Ltd. develops mobile application that enables its users to create customized images for uploading to social media networks. Its products include Meitu Xiuxiu, Meitu Kankan, Meiyan camera, and Meitu mobile phone. The company was founded in 2008 and is based in Xiamen, China.

Xiamen Software Park

Building 6

Unit 2

WangHai 1-3

Xiamen,  361008

China

Founded in 2008

Phone:

86 59 2591 7712

Key Executives for Xiamen Meitu Technology Co., Ltd.

Xiamen Meitu Technology Co., Ltd. does not have any Key Executives recorded.

Xiamen Meitu Technology Co., Ltd. Key Developments

Chinese Funds Reportedly Seeks Acquisition Of Shares In Xiamen Meitu Technology

Xiamen Meitu Technology Co., Ltd. is seeking a share sale that would value the company at about $5 billion, according to people with direct knowledge of the matter. If most of the shares in IPO are sold to Chinese funds, the valuation of Xiamen Meitu Technology can reach $5 billion or higher. Xiamen Meitu Technology is seeking big-name financial institutions as cornerstone investors to limit volatility of the shares when they start trading, according to the people with knowledge of the matter.

Meitu Corp. Reportedly Plans To Seek Approval Of Listing On Thu

Xiamen Meitu Technology Co., Ltd. (Meitu Corp.) is reportedly seeking IPO for $800 million. Market insiders revealed that Meitu Corp., planned to seek approval of listing from the Stock Exchange on November 10, 2016, for raising up to $800 million proceeds.

Meitu Reportedly Filed Application For IPO

Xiamen Meitu Technology Co., Ltd. has filed an application with Hong Kong regulators on August 19, 2016 for an initial public offering that could raise $500 million to $1 billion and it is expected to occur in the fourth quarter.

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Recent Private Companies Transactions

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