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MOGU Inc. reports developments tied to its KOL-driven online fashion and lifestyle business in China. Company news centers on semiannual financial results, gross merchandise value trends, live video broadcast activity, product conversion, merchant services, and the role of key opinion leaders in promoting fashion and lifestyle merchandise.
Updates also cover MOGU’s expansion of MCN operations on external social e-commerce platforms, supply-chain and product-planning initiatives, annual-report availability, auditor changes, and board-approved capital allocation matters such as digital-asset exposure and strategic investments.
MOGU Inc. (NYSE: MOGU) will release its unaudited financial results for the fourth quarter and fiscal year 2021 on May 28, 2021, before U.S. markets open. An earnings conference call will follow at 7:30 AM ET, with participation numbers available for various regions, including the U.S., China, and Hong Kong. Investors can access a replay of the call until June 4, 2021, and a webcast will be available on MOGU's Investor Relations website. MOGU focuses on KOL-driven online fashion and lifestyle retail in China, enhancing shopping experiences through merchant and influencer connections.
MOGU Inc. (NYSE: MOGU) reported its Q3 fiscal year 2021 results, with total revenues decreasing by 45.6% to RMB 146.5 million (US$22.5 million). The Company’s Live Video Broadcast (LVB) business grew by 20.9% year-over-year, accounting for 80.3% of total GMV. Net loss narrowed to RMB 36.7 million (US$5.6 million), and adjusted EBITDA turned positive at RMB 1.2 million (US$0.2 million). Cash and equivalents were RMB 820.1 million as of December 31, 2020. The management remains optimistic about leveraging KOLs for future growth.
MOGU Inc. (NYSE: MOGU) will report its unaudited financial results for the third quarter of fiscal year 2021 on February 25, 2021, before U.S. markets open. An earnings conference call is scheduled for the same day at 6:30 AM ET, with international dial-in options provided. A replay will be available until March 4, 2021. MOGU operates as a KOL-driven online fashion platform in China, facilitating connections between merchants, KOLs, and users for a better shopping experience.
MOGU Inc. reported its unaudited financial results for Q2 FY2021, ending September 30, 2020. Total revenue fell by 43.1% year-over-year to RMB112.5 million (approximately US$16.6 million). However, its live video broadcasting (LVB) segment saw a significant growth of 42.2% in GMV, reaching RMB2,316 million (about US$341.1 million), making up 74.4% of total GMV. The active LVB buyers rose 20.7% year-over-year to 3.5 million. While operating losses narrowed to RMB100.5 million, net loss attributed to shareholders was RMB93.7 million, down from RMB326.6 million a year earlier.
MOGU Inc. (NYSE: MOGU) will release its unaudited financial results for Q2 FY2021 on November 30, 2020, before U.S. markets open. Following this, management will hold an earnings conference call at 6:30 AM ET. The dial-in numbers for various regions are provided, allowing participation in the call. Investors can access a live and archived webcast of the call on MOGU’s Investor Relations website. MOGU is recognized as a leading KOL-driven online fashion and lifestyle platform in China, enhancing online shopping experiences for users.