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MOGU Announces Strategic Investment in AI Infrastructure Company
Businesswire· 2025-12-29 11:00
HANGZHOU, China--(BUSINESS WIRE)--MOGU Inc. (NYSE: MOGU) ("MOGU†or the "Company†), a KOL-driven online fashion and lifestyle destination in China, today announced that its indirect wholly owned subsidiary, Hangzhou Shiqu Information and Technology Co., Ltd., 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 (equivalent to approximately US$14.2 mill ...