Wall Street recently came up with a jaw-dropping piece of news

Meitu cashed out all of its US$570 million (about RMB 4 billion). Wall Street disclosed that Meitu only raised US$200 million when it went public on the Nasdaq, and this time it is all profitable.

You should know that Meitu Mobile has always been in a loss-making state, and the loss is not small, but Meitu.com was launched in 2013, Meitu Xiuxiu was launched in 2014, Meitu Video was launched in 2016, and Meitu Tietie was launched in 2018. These four softwares are all profitable, so Meitu has actually been profitable for a long time.

In addition, Meitu is also very active in the digital currency market, and has cashed out 30,000 Ethereum and more than 900 Bitcoin. It is said that in 2024, both Bitcoin and Ethereum will be halved. If this is the case, the digital currency market may usher in a new round of craze, and Meitu may also be profitable.

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