Acknowledged by the industry for its innovation and development power, Meitu wins the Enterprise with Potential Value Award

2022-12-22

The 2022 EDGE AWARDS Enterprise Ranking was announced on December 22nd. With noticeable innovation and development power, Meitu won the Enterprise with Potential Value Award.


The EDGE AWARDS releases awards based on authoritative opinions and keen insights. For over two months, experts, analysts, investment organizations and users make the list considering the professionalism, influence, and innovation of companies.


On the final list, Meitu won the Enterprise with Potential Value Award, confirming high expectations from users and industry personnel.


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For 14 years, Meitu has taken "beauty" as its core ideal and AI as the driving force, providing users with imaging products and beauty management services for their life and work, and supporting the digitalization of the industry with SaaS services.


While developing itself, Meitu has been creating aesthetic trends and delivering the latest in "beauty" to users, winning their trust and the top position in the industry.


In 2022, Meitu is continuing its commitment to product innovation. Besides its products with national popularity, including the Meitu App, BeautyCam and MeituEve, Meitu proceeded to introduce Meitu Mac Version, Posters, Meitu AI Photo Editing and Meitu ID Photo. With powerful imaging technology, Meitu is expanding the product scope and supporting the industry with SaaS and related services.


Meitu’s revenue in the first half of 2022 increased by 20.5% year-over-year to RMB 971.2 million. Its Monthly Active Users (“MAU”) grew to 240.9 million in June 2022, 4.5% higher than that of December 2021.


Recently, the Meitu App's new AI Painting feature has drawn much attention and is popular in many countries such as Japan, the United States, Brazil, Ukraine, Canada, Australia, New Zealand, Chile and others.


TMTPOST, the organizer of the 2022 EDGE AWARDS, stated that in a new era of continuous changes, opportunities and challenges, the "Enterprise with Potential Value Award" aims to reward companies with strong innovation capabilities, good leadership, and core competitiveness.

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