App for beautifying pictures in China Meitu Purchased $40 Million in Cryptocurrency

Meitu, a Chinese app developer, has entered the ranks of cryptocurrency investors, following in the footsteps of Tesla. Meitu’s eponymous flagship app became a verb in China for “photo beautifying” in the early 2010s, indicating its supremacy in the portrait touch-up space. However, when smartphones began to provide built-in filters, photo editors like Meitu have

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