Meitu of China Built on the Selfie Could Be Worth $5.23 Billion

Meitu of China, Built on the Selfie, Could Be Worth $5.23 Billion in I.P.O.

HONG KONG — For users of Meitu’s signature app, a beautiful touch-up at the press of a button is free. But 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 …