日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Companies

Embattled Meitu swears by short videos, plans new features

By Fan Feifei | China Daily | Updated: 2019-10-28 08:58
Share
Share - WeChat
Consumers visit the booth of Meitu Inc at the 2nd Digital China Summit& Exhibition in Fuzhou, Fujian province, in May. [Photo by Zhu Xingxin/China Daily]

Selfie app operator Meitu Inc said it will not exit the short video business and plans to introduce more video editing functions on its beauty enhancing photo app Meitu Xiuxiu.

Meitu is determined to further enhance its user engagement and make a breakthrough in the social media sector, said Wu Xinhong, its CEO.

He said the company's video sharing and streaming app Meipai, which targets female users aged 25 to 35, will be part of the ecosystem based on its core product Meitu Xiuxiu.

Established in 2014, Meipai was an early entrant to the video beautification and sharing market. However, competition in China's short video industry turned fiercer with new players such as Douyin and Kuaishou making aggressive inroads into the market, presenting a stiff challenge to Meipai.

"We won't consider giving up our short video business," Wu said, noting the content of Meipai is still very valuable and shows huge growth potential. "We don't think opportunities have dried up in this (short video) segment. Instead, we see the dividend will maintain for a long period of time."

Moreover, Wu said they will develop other short video apps to meet users' demands, as the video format continues to be important as a form of content.

The company reported a total revenue of 464 million yuan ($65.4 million) in the first half of this year, down 4.7 percent year-on-year, while its net loss declined 41.4 percent to 171.7 million yuan.

The revenue from internet value-added services and others decreased by 50.4 percent year-on-year to 100.2 million yuan, mainly due to a decrease in the live-streaming business of Meipai.

Wu said Meitu will launch more products with social interaction functions, such as the private album where users can store their photos securely on the cloud.

The function enables them to invite friends to manage an album together where they have the ability to upload, comment and interact with each other.

"We still see an immense growth potential for video streaming platforms, following the increasing population from the post-2000 generation growing up to become internet users in China," said Flora Tang, research analyst at Counterpoint.

"The commercial application of 5G will inject new vitality into the short video industry," said Liu Jiehao, an analyst from iiMedia Research, a market consultancy.

"In the new round of competition, the application scenarios of short videos will be continuously expanded, and the enterprises that realize monetization successfully will be more competitive," Liu said.

Meitu would do well to actively embrace technology, strengthen the construction of content ecosystem and accelerate its monetization efforts, he said.

Meitu is shifting to an asset-light business model after it stripped off its smartphone businesses. Last year, Meitu and smartphone maker Xiaomi Corp reached a strategic cooperation arrangement. Xiaomi will be responsible for the design, research and development, production, business operation, sales, and marketing of Meitu smartphones, while Meitu will provide its proprietary imaging technologies and beautification algorithms.

Founded in 2008, Meitu's apps had gathered about 308.1 million monthly active users by June. The apps help users to appear more attractive in photos and videos by slimming their faces, buffing their skin and even applying makeup.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 欧美一区二区三区gg高清影视 | 国产在线精品一区二区三区 | 色婷婷综合在线 | 中文字幕一区二区三区四区 | 九九这里只有精品视频 | 亚洲一区二区三区久久 | 日韩在线观看网站 | 国产精品观看在线亚洲人成网 | 波多野结衣综合 | 欧美高潮| 国产精品香蕉 | 亚洲福利电影网 | avbobo官网 | 久久精品视频一区二区 | 久久久久亚洲视频 | 情侣av| 中文字幕精品一区二区三区精品 | 久久好在线视频 | 一级性视频 | 亚婷婷洲AV久久蜜臀无码 | 亚洲精品无码成人A片在线虐 | a级欧美片免费观看 | aaa级片 | 在线视频 中文字幕 | 成人免费在线视频 | 亚洲天堂网站 | 91xxx在线观看| 久碰香蕉精品视频在线观看 | 一级一级毛片看看 | 97福利社 | 亚洲精品视频免费看 | 草草影院w37 | 在线播放国产精品 | 国产人妻人伦精品潘金莲 | 49pao强力免费打造在线高清 | 日韩一区二区三区视频 | 成片免费观看视频大全 | 国产成+人+综合+亚洲 欧美 | av一级毛片 | 一区二区国产在线观看 | 日本高清乱理伦片中文字幕啊 |