MOGU News & Events

MOGU announced that its indirect wholly owned subsidiary, Hangzhou Shiqu Information and Technology Co., entered into a share transfer agreement to acquire less than 1% of the registered capital in a China-based artificial intelligence infrastructure technology company for a total consideration of RMB 0.1 billion

Mogu announced that it has dismissed PricewaterhouseCoopers Zhong Tian LLP on November 13, 2025 and appointed Marcum Asia CPAs LLP as successor auditor of the company on November 13, 2025. The dismissal of the Former Auditor and the appointment of the Successor Auditor have been considered and approved by the company's Audit Committee. The reports of the Former Auditor on the consolidated financial statements of the company for the fiscal years ended March 31, 2025 and March 31, 2024 contained no adverse opinion or disclaimer of opinion, and were not qualified or modified as to uncertainty, audit scope, or accounting principles.

Mogu has approved a strategic allocation of up to $20M corporate assets to digital currencies, primarily Bitcoin, Ethereum, and Solana, including related securities and investment products on September 9. The board of directors authorizes Chairman Chen Qi to determine the timing and amount of digital currency acquisition.