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Meitu of China, Built on the Selfie, Could Be Worth $5.23 Billion in I.P.O.
For users of Meitu's signature app, a beautiful touch-up at the press of a button is free. Meitu is hoping that investors in the company, which wants to make the world a more beautiful place, will value it somewhere between $4.6 billion and $5.23 billion. Meitu plans to offer shares at between 8.5 Hong Kong dollars and 9.6 Hong Kong dollars, raising $629 million to $710 million.
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