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Meitu’s Picchi Hits $1.11M ARR as Firm Marks 18th Anniversary

Meitu chairman Wu Xinhong disclosed at the company’s 18th anniversary internal event on October 10 that the firm has set up 10 AI innovation studios over the past year. Two of them, Picchi and MVLAND, have validated product-market fit, with annual recurring revenue of $1.11 million and $680,000 respectively as of October 9.

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AI take

The disclosure matters less for the revenue figures themselves — modest at this stage — than for what it signals about Meitu's internal model: parallel, small AI studios used as low-cost probes for product-market fit, with the two validated ones now visible externally. That structure is worth watching as a template other consumer app firms may copy, since it lets a company test many AI products without betting the core business on any single one. Whether the remaining eight studios produce comparable validation, or get quietly retired, is the open question.

Generated by AI for reference only.

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