BRIEF-Meitu Plans To Enter Into Strategic Collaborations With Alibaba.Com China

Reuters

05-21

BRIEF-Meitu Plans To Enter Into Strategic Collaborations With Alibaba.Com China

May 20 (Reuters) - Meitu Inc 1357.HK:

PLANS TO ENTER INTO STRATEGIC COLLABORATIONS WITH ALIBABA.COM CHINA
WILL ISSUE CONVERTIBLE BONDS TO SUBSCRIBER WITH A TOTAL PRINCIPAL AMOUNT OF US$250 MILLION
COLLABORATION IN AREAS SUCH AS E-COMMERCE, AI TECHNOLOGY, AND CLOUD COMPUTING CAPABILITIES

Further company coverage: 1357.HK

((Reuters.Briefs@thomsonreuters.com;))

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