Predict your next investment

Holding Company
INTERNET | eCommerce / Apparel & Accessories
mogu-inc.com

See what CB Insights has to offer

Founded Year

2016

Stage

PIPE | IPO

Market Cap

0.16B

Stock Price

1.06

About MOGU

MOGU is an online fashion and lifestyle destination in China. MOGU's online platform includes Mogujie.com and Meilishuo.com websites, mogujie mobile app, Meilishuo mobile app, Uni mobile app and several WeChat Mini programs.

MOGU Headquarter Location

Zheshang Wealth Center Building No. 1

Hangzhou, Zhejiang , 310000,

China

Latest MOGU News

Retail Experience Firm MOGU Announces $10M Share Repurchase Program

Aug 30, 2021

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 August 26, 2022. The Company expects to fund the repurchases under this program with its existing cash balance. “The announcement of this new repurchase program reflects our continued confidence in our long-term business growth prospects,” commented Mr. Shark Chen Qi, Chairman and Chief Executive Officer of MOGU. “As we have successfully transformed the business to becoming a pure-play Live Video Broadcasting e-commerce company, we are now in a stronger capacity to effectively service both our brand partners and KOL’s moving forward. We have a positive outlook on the future of the business, and believe that our strategy and strong execution capabilities will continue to create long-term shareholder value.” The Company’s proposed repurchases may be made from time to time on the open market at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means, depending on market conditions and in accordance with applicable rules and regulations. The Company’s board of directors will review the share repurchase program periodically, and may authorize adjustment of its terms and size. Check Out The New Martech Cube Podcast . For more such updates, follow us on Google News Martech News

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing MOGU

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

MOGU is included in 1 Expert Collection, including E-Commerce.

E

E-Commerce

8,471 items

MOGU Patents

MOGU has filed 2 patents.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

1/13/2017

9/11/2018

Grant

00/00/0000

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

Application Date

1/13/2017

00/00/0000

Grant Date

9/11/2018

00/00/0000

Title

Subscribe to see more

Related Topics

Subscribe to see more

Status

Grant

Subscribe to see more

MOGU Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

MOGU Rank

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.