Meitu to acquire a 57% stake in Dajie Net Investment Holdings for $50m.

Synopsis

Meitu, a global innovator in mobile video and photography, agreed to acquire a 57% stake in Dajie Net Investment Holdings, an online social networking job marketplace, for $50m.

Principals

target

Dajie Net Investment Holdings

bidder

Meitu

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Market Context

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Bidder Team (2)

christopher betts

Partner at Skadden Arps Slate Meagher & Flom

Lawyer

bidder

Deals

£ 5.28 B

Total Value

xinhong wu

CEO at MEITU INC

Manager

bidder

Deal

n/a

Total Value

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