By Deluxe 4 5 July 2022 | 8:30 am

Beauty App Meitu’s Crypto Holdings Evaporated Up to $50m in H1


Meitu, a Hong Kong-listed beauty app, announced an interim net loss between $41.1 million and $52.3 million in H1 ( representing a loss of up to 154.1%). The firm attributed its loss to acquired cryptocurrency impairment. (Read More)