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On October 10, at Meitu's 18th birthday party, Meitu Chairman Wu Xinhong revealed in an internal speech that in the past year, Meitu set up 10 AI innovation studios, of which two innovative studios, PICCHI and MVLand, ran out of PMF. As of October 9, ARR reached $1.11 million and $680,000, respectively. According to Wu Xinhong, Meitu currently forms three product echelons and matches three organizational strategies. The first tier is products with annual revenue of over 100 million, such as Meitu Xiuxiu, beauty cameras, Wink, etc.; the second tier is products with annual revenue of one million to ten million, such as Zanku, RoboNeo, etc. The third tier is PMF's incubated products, which are still being tested.
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On October 10, at Meitu's 18th birthday party, Meitu Chairman Wu Xinhong revealed in an internal speech that in the past year, Meitu set up 10 AI innovation studios, of which two innovative studios, PICCHI and MVLand, ran out of PMF. As of October 9, ARR reached $1.11 million and $680,000, respectively. According to Wu Xinhong, Meitu currently forms three product echelons and matches three organizational strategies. The first tier is products with annual revenue of over 100 million, such as Meitu Xiuxiu, beauty cameras, Wink, etc.; the second tier is products with annual revenue of one million to ten million, such as Zanku, RoboNeo, etc. The third tier is PMF's incubated products, which are still being tested.
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