Beyond the Filter: Inside Meitu’s High-Stakes Shift from Photo Retouching to AI Productivity

Despite seven consecutive years of adjusted net profit growth and a solid balance sheet, Hong Kong-listed Meitu Inc. has seen its market value plummet by over 60 percent from its peak. This reporting examines how rising computing infrastructure costs, slowing core user growth, and fierce competition from tech giants are challenging its transition into an enterprise AI productivity suite.（本文作者为 Che

原文：钛媒体