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Stock impact report

MOGU Announces Strategic Investment in AI Infrastructure Company [Yahoo! Finance]

MOGU Inc. American Depositary Shares (each representing 25 Class A Ordinary Shares) (MOGU) 
Last mogu inc. american depositary shares (each representing 25 class a ordinary shares) earnings: 11/29 04:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
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 million). Safe Harbor Statement This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. MOGU may also make written or oral forward-looking statements in its filings with the U.S. Securities and Exchange Commission (the "SEC"), in its annual report to shareholders, in press releases and other written mater Show less Read more
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