Comment on Legendary Angel Investor Cai Wensheng Took over Helm of Meitu,Who Are Building A Smartphone by Chinese Game Developer Feiyu Technology Files for Hong Kong IPO - TechNode

['Charlie Sheng', 'More Charlie Sheng', '.Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow', 'Class', 'Wp-Block-Co-Authors-Plus', 'Display Inline', '.Wp-Block-Co-Authors-Plus-Avatar', 'Where Img', 'Height Auto Max-Width', 'Vertical-Align Bottom .Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow .Wp-Block-Co-Authors-Plus-Avatar'] Comments for TechNode 2013-04-24 00:00:00

Last month, we reported that the photo-centered startup Meitu was to release a self-portrait smartphone Meitu Kiss targeting at female users. As an angel investor, Cai himself has never really participated in any project he invested in before. The move this time is seen by many as he is dedicated to build a smartphone and mobile Internet business, just like what Lei Jun, co-founder and CEO of Xiaomi, has been doing. In a speech he gave last year, Cai claimed that he would only focus on the mobile Internet in the future. He said that “Mobile phone it the future.