Meitu’s paying subscribers approach 20 million as AI productivity revenue expands

Chinese image-editing and design software company Meitu added approximately 1.39 million paying subscribers in the third quarter, bringing its total to 19.83 million at the end of September. The company disclosed the figures in an October 23 business update. Revenue from its image and design products reached approximately RMB 1 billion during the quarter, up 28.2% from a year earlier. Annual recurring revenue from AI productivity applications rose 40.1% to RMB 655 million. The figures highlight the growing contribution of subscription-based creative and productivity tools to Meitu’s business as it expands beyond its consumer photo-editing origins. [Guandian, in Chinese]