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China selfie app in pre-IPO talks with investors

Chinese funds said to be willing to pay for what they see as the next big growth opportunity while international investors are sceptical
Thursday, November 24, 2016 - 05:50

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Meitu's apps help people appear more attractive in photos by slimming faces and lengthening limbs.

Hong Kong

CHINA'S Meitu Inc is about to test the price of beauty.

The developer of selfie apps is in talks with investors ahead of its planned initial public offering (IPO) in Hong Kong and is discussing a share sale that would value the company at about US$5 billion, according to

sentifi.com

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