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Meitu Secures US$250 Million Strategic Investment from Alibaba, Bolstering Collaboration in AI and E-commerce
2025-05-21 /
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Author：小编
Meitu has proudly announced the execution of a US$250 million convertible bond agreement with Alibaba, paving the way for strategic cooperation across e-commerce platforms, AI technology, cloud computing, and other key areas. Alibaba's investment, totaling US$250 million in the form of convertible bonds, carries a three-year maturity period and an annual interest rate of 1%. Notably, Alibaba holds the option to convert these bonds into Meitu shares at a price of HK$6.00 per share within five working days prior to the maturity date. Additionally, both parties aim to further deepen their collaboration in e-commerce and the development of AI models.
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