Meitu Fires Up Online Services In Bid For Excitement

Bottom line: Meitu’s new disclosure of rapid growth in its internet services revenue looks encouraging, as it takes advantage of its early arriver status in a beauty products sector with big profit potential. A month after its lackluster IPO, beauty app operator Meitu is trying to shore up its sagging stock by releasing some financial data that proves it’s more than just a place for people to doll up selfies to share with friends.