Meitu Posts Strong Q1 2026 Growth on AI-Driven Apps and Subscriber Momentum
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Meitu (HK:1357) reported strong Q1 2026 growth, with paying subscribers up 30.2% to over 17.9 million. Revenue from its core business rose 34.3% to RMB852 million, while AI-driven offerings saw a 56.2% increase in annual recurring revenue to RMB580 million. The company emphasized deeper user engagement through AI integration and plans to focus on long-term trends by reporting monthly active users semi-annually. Analysts rate the stock as a Buy with a target price of HK$7.00. Meitu continues to pursue an AI-driven strategy and global expansion.
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