Mogujie

MOGU Announces Resignation and Appointment of Chief Executive Officer

Retrieved on: 
Friday, March 17, 2023
Fashion, Online Retail, Retail, Luxury, Other Retail, Technology, Electronic Commerce, American Association of Advertising Agencies, Communication, Advertising, Jiangsu Normal University, Marketing, Soochow University, Attention, Growth, New York Stock Exchange, NYSE, Management, Mogujie

MOGU Inc. (NYSE: MOGU) (“MOGU” or the “Company”), a KOL-driven online fashion and lifestyle destination in China, announced the resignation of Mr. Qi Chen (“Mr.

Key Points: 
  • MOGU Inc. (NYSE: MOGU) (“MOGU” or the “Company”), a KOL-driven online fashion and lifestyle destination in China, announced the resignation of Mr. Qi Chen (“Mr.
  • Chen”) as the Chief Executive Officer of the Company (the “CEO”) due to personal reasons, effective March 17, 2023.
  • Mr.
  • Mr.

MOGU Inc. Announces Entry into Definitive Agreements to Increase Ownership of Hangzhou Ruisha

Retrieved on: 
Monday, July 26, 2021
Fashion, Online Retail, Retail, Other Retail, Technology, Other Technology, Internet, Cities in China, Mogujie, Hangzhou

MOGU Inc. (NYSE: MOGU) (MOGU or the Company), a leading KOL-driven online fashion and lifestyle destination in China, today announced that Hangzhou Juangua Network Co., Ltd. (Hangzhou Juangua), a consolidated affiliated entity of the Company, has entered into definitive agreements with Hangzhou Ruisha Technology Co., Ltd. (Hangzhou Ruisha), Hangzhou Ruishas existing shareholder and Hangzhou Ruishas founder, to increase and obtain controlling equity interests in Hangzhou Ruisha.

Key Points: 
  • MOGU Inc. (NYSE: MOGU) (MOGU or the Company), a leading KOL-driven online fashion and lifestyle destination in China, today announced that Hangzhou Juangua Network Co., Ltd. (Hangzhou Juangua), a consolidated affiliated entity of the Company, has entered into definitive agreements with Hangzhou Ruisha Technology Co., Ltd. (Hangzhou Ruisha), Hangzhou Ruishas existing shareholder and Hangzhou Ruishas founder, to increase and obtain controlling equity interests in Hangzhou Ruisha.
  • Under the definitive agreements, Hangzhou Juangua will purchase equity interests from the existing shareholder of Hangzhou Ruisha and subscribe for additional equity interests in Hangzhou Ruisha, at an aggregate consideration of RMB50 million in cash.
  • MOGU will beneficially own 59.62% equity interests in Hangzhou Ruisha at the closing of the transactions.
  • Mr. Qi Chen, MOGUs chairman and chief executive officer, commented, The investment in Hangzhou Ruisha represents continuingly expanded and utilized capabilities of MOGU to provide services for business customers.

MOGU Files Annual Report on Form 20-F for Fiscal Year 2021

Retrieved on: 
Wednesday, June 30, 2021
Retail, Online Retail, Other Retail, Fashion, Mogujie, Culture, New York Stock Exchange, Fashion, Mogu, The arts, Branches of philosophy

MOGU Inc. (NYSE: MOGU) (MOGU or the "Company"), a leading KOL-driven online fashion and lifestyle destination in China, today filed its annual report on Form 20-F for the fiscal year ended March 31, 2021 with the U.S. Securities and Exchange Commission ("SEC").

Key Points: 
  • MOGU Inc. (NYSE: MOGU) (MOGU or the "Company"), a leading KOL-driven online fashion and lifestyle destination in China, today filed its annual report on Form 20-F for the fiscal year ended March 31, 2021 with the U.S. Securities and Exchange Commission ("SEC").
  • The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request.
  • MOGU Inc. (NYSE: MOGU) is a leading KOL-driven online fashion and lifestyle destination in China.
  • MOGU provides people with a more accessible and enjoyable shopping experience for everyday fashion, particularly as they increasingly live their lives online.

MOGU to Report Fourth Quarter and Fiscal Year 2021 Financial Results on May 28, 2021

Retrieved on: 
Friday, May 21, 2021
Retail, Online Retail, Specialty, Fashion, New York Stock Exchange, Mogujie

b'MOGU Inc. (NYSE: MOGU) (\xe2\x80\x9cMOGU\xe2\x80\x9d or the "Company"), a leading KOL-driven online fashion and lifestyle destination in China, today announced that it will report its unaudited financial results for the fourth quarter and fiscal year 2021 ended March 31, 2021, before U.S. markets open on Friday, May 28, 2021.\nMOGU\'s management will host an earnings conference call at 7:30 AM U.S. Eastern Time on Friday, May 28, 2021 (7:30 PM Beijing/Hong Kong Time on the same day).\nDial-in numbers for the live conference call are as follows:\nA telephone replay of the call will be available after the conclusion of the conference call until 11:59 PM ET on June 4, 2021.\nDial-in numbers for the replay are as follows:\n'

Key Points: 
  • b'MOGU Inc. (NYSE: MOGU) (\xe2\x80\x9cMOGU\xe2\x80\x9d or the "Company"), a leading KOL-driven online fashion and lifestyle destination in China, today announced that it will report its unaudited financial results for the fourth quarter and fiscal year 2021 ended March 31, 2021, before U.S. markets open on Friday, May 28, 2021.\nMOGU\'s management will host an earnings conference call at 7:30 AM U.S. Eastern Time on Friday, May 28, 2021 (7:30 PM Beijing/Hong Kong Time on the same day).\nDial-in numbers for the live conference call are as follows:\nA telephone replay of the call will be available after the conclusion of the conference call until 11:59 PM ET on June 4, 2021.\nDial-in numbers for the replay are as follows:\n'

INVESTIGATION REMINDER: The Schall Law Firm Announces It Is Investigating Claims Against MOGU Inc. and Encourages Investors With Losses of $100,000 to Contact the Firm

Retrieved on: 
Monday, April 19, 2021
Legal, Professional services, Mogujie

b"The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of MOGU Inc. (\xe2\x80\x9cMOGU\xe2\x80\x9d or \xe2\x80\x9cthe Company\xe2\x80\x9d) (NYSE: MOGU ) for violations of the securities laws.\nThe investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Key Points: 
  • b"The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of MOGU Inc. (\xe2\x80\x9cMOGU\xe2\x80\x9d or \xe2\x80\x9cthe Company\xe2\x80\x9d) (NYSE: MOGU ) for violations of the securities laws.\nThe investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
  • MOGU disclosed its unaudited financial results for the third quarter of fiscal year 2021 on February 25, 2021.
  • The Company stated: \xe2\x80\x9cCommission revenues decreased by 29.8% to RMB99.2 million (US$15.2million) from RMB141.2million in the same period of fiscal year 2020, primarily due to the restructuring of the Company\xe2\x80\x99s business towards a LVB-focused model,\xe2\x80\x9d and that \xe2\x80\x9cMarketing services revenues decreased by 75.9% to RMB17.4 million (US$2.7million) from RMB72.5 million in the same period of fiscal year 2020 \xe2\x80\xa6 primarily due to the restructuring of the Company\xe2\x80\x99s business towards a LVB-focused model,\xe2\x80\x9d and that \xe2\x80\x9cother revenues decreased by 46.4% to RMB29.9 million (US$4.6million) from RMB55.9 million in the same period of fiscal year 2020, primarily due to a decrease in online direct sales.\xe2\x80\x9d The Company also reported a loss from operations of RMB123.2 million, \xe2\x80\x9cprimarily attributable to a goodwill impairment incurred in the third quarter of fiscal year 2020.\xe2\x80\x9d Based on this news, MOGU\xe2\x80\x99s ADR price fell by 17% over the next several trading sessions.\nIf you are a shareholder who suffered a loss, click here to participate .\nWe also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge.
  • You can also reach us through the firm's website at www.schallfirm.com , or by email at [email protected] .\nThe Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210419005284/en/\n"

MOGU to Report Third Quarter Fiscal Year 2021 Financial Results on February 25, 2021

Retrieved on: 
Thursday, February 18, 2021
Manufacturing, Online Retail, Fashion, Textiles, Retail, Telecommunications, Mogujie, Mogu, New York Stock Exchange, Conference call, Rotary dial, Dial

MOGU Inc. (NYSE: MOGU) (MOGU or the "Company"), a leading KOL-driven online fashion and lifestyle destination in China, today announced that it will report its unaudited financial results for the third quarter of fiscal year 2021 ended December 31, 2020, before U.S. markets open on Thursday, February 25, 2021.

Key Points: 
  • MOGU Inc. (NYSE: MOGU) (MOGU or the "Company"), a leading KOL-driven online fashion and lifestyle destination in China, today announced that it will report its unaudited financial results for the third quarter of fiscal year 2021 ended December 31, 2020, before U.S. markets open on Thursday, February 25, 2021.
  • MOGU's management will host an earnings conference call at 6:30 AM U.S. Eastern Time on Thursday, February 25, 2021 (7:30 PM Beijing/Hong Kong Time on the same day).
  • Dial-in numbers for the live conference call are as follows:
    A telephone replay of the call will be available after the conclusion of the conference call until 11:59 PM ET on March 4, 2021.
  • Dial-in numbers for the replay are as follows:

MOGU to Report Second Quarter Fiscal Year 2021 Financial Results on November 30, 2020

Retrieved on: 
Friday, November 20, 2020
Fashion, Online Retail, Retail, Other Retail, Manufacturing, Textiles, Telecommunications, Mogujie, New York Stock Exchange, Mogu, Conference call, Rotary dial, Dial

MOGU Inc. (NYSE: MOGU) (MOGU or the "Company"), a leading KOL-driven online fashion and lifestyle destination in China, today announced that it will report its unaudited financial results for the second quarter of fiscal year 2021 ended September 30, 2020, before U.S. markets open on Monday, November 30, 2020.

Key Points: 
  • MOGU Inc. (NYSE: MOGU) (MOGU or the "Company"), a leading KOL-driven online fashion and lifestyle destination in China, today announced that it will report its unaudited financial results for the second quarter of fiscal year 2021 ended September 30, 2020, before U.S. markets open on Monday, November 30, 2020.
  • MOGU's management will host an earnings conference call at 6:30 AM U.S. Eastern Time on Monday, November 30, 2020 (7:30 PM Beijing/Hong Kong Time on the same day).
  • Dial-in numbers for the live conference call are as follows:
    A telephone replay of the call will be available after the conclusion of the conference call until 11:59 PM ET on December 7, 2020.
  • Dial-in numbers for the replay are as follows:

MOGU Announces US$10 Million Share Repurchase Program

Retrieved on: 
Monday, September 14, 2020
Online Retail, Retail, Fashion, Mogujie, Share repurchase, New York Stock Exchange, New York City, Finance

MOGU Inc. (NYSE: MOGU) (MOGU or the "Company"), a leading KOL-driven online fashion and lifestyle destination in China, today announced that its board of directors has authorized a new share repurchase program, where the Company is authorized to repurchase up to US$10 million of its shares, effective until September 12, 2021.

Key Points: 
  • MOGU Inc. (NYSE: MOGU) (MOGU or the "Company"), a leading KOL-driven online fashion and lifestyle destination in China, today announced that its board of directors has authorized a new share repurchase program, where the Company is authorized to repurchase up to US$10 million of its shares, effective until September 12, 2021.
  • The Company expects to fund the repurchases under this program with its existing cash balance.
  • The Company's board of directors will review the share repurchase program periodically, and may authorize adjustment of its terms and size.
  • MOGU Inc. (NYSE: MOGU) is a leading KOL-driven online fashion and lifestyle destination in China.

MOGU Announces First Quarter Fiscal Year 2021 Unaudited Financial Results

Retrieved on: 
Monday, August 24, 2020
Fashion, Supply chain management, Online Retail, Retail, Technology, Internet, Mogujie, Reconciliation, GAAP

See Unaudited Reconciliations of GAAP and NonGAAP Results at the end of this press release.

Key Points: 
  • See Unaudited Reconciliations of GAAP and NonGAAP Results at the end of this press release.
  • The Company encourages you to review the Companys financial information in its entirety and not rely on a single financial measure.
  • For more information on the nonGAAP financial measures, please see the table captioned Unaudited Reconciliations of GAAP and NonGAAP Results set forth at the end of this press release.
  • MOGU Inc. (NYSE: MOGU) is a leading KOL-driven online fashion and lifestyle destination in China.

MOGU to Report First Quarter Fiscal Year 2021 Financial Results on August 24, 2020

Retrieved on: 
Monday, August 17, 2020
Online Retail, Retail, Fashion, Telecommunications, Mogujie, Mogu, New York Stock Exchange, Conference call, Rotary dial, Dial

MOGU Inc. (NYSE: MOGU) (MOGU or the "Company"), a leading KOL-driven online fashion and lifestyle destination in China, today announced that it will report its unaudited financial results for the first quarter of fiscal year 2021 ended June 30, 2020, before U.S. markets open on Monday, August 24, 2020.

Key Points: 
  • MOGU Inc. (NYSE: MOGU) (MOGU or the "Company"), a leading KOL-driven online fashion and lifestyle destination in China, today announced that it will report its unaudited financial results for the first quarter of fiscal year 2021 ended June 30, 2020, before U.S. markets open on Monday, August 24, 2020.
  • MOGU's management will host an earnings conference call at 7:30 AM U.S. Eastern Time on Monday, August 24, 2020 (7:30 PM Beijing/Hong Kong Time on the same day).
  • Dial-in numbers for the live conference call are as follows:
    A telephone replay of the call will be available after the conclusion of the conference call until 11:59 PM ET on August 31, 2020.
  • Dial-in numbers for the replay are as follows: