MOGU Inc., a KOL-driven online fashion and lifestyle platform in China, announced that its indirect wholly owned subsidiary, Hangzhou Shiqu Information and Technology Co., Ltd., has entered into a share transfer agreement to acquire less than 1% of the registered capital in a China-based artificial intelligence infrastructure technology company. The total consideration for the acquisition is RMB 0.1 billion (approximately US$14.2 million).
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: 20251229130418) on December 29, 2025, and is solely responsible for the information contained therein.
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