Mogu Inc. Expands Strategic Portfolio with $20 Million Investment in Digital Currencies

Reuters09-11

Mogu Inc. Expands Strategic Portfolio with $20 Million Investment in Digital Currencies

MOGU Inc., a prominent KOL-driven online fashion and lifestyle platform in China, has announced a strategic expansion into digital currencies. The company's board has approved the allocation of up to US$20 million in corporate assets to digital currencies, focusing on Bitcoin, Ethereum, and Solana. This move aims to diversify MOGU's treasury holdings and enhance its operational capabilities, particularly in next-generation AI products and services. Chairman Chen Qi has been authorized to manage the timing and extent of these digital currency acquisitions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mogu Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250911625128) on September 11, 2025, and is solely responsible for the information contained therein.

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