Mogu inc. announces us$10 million share repurchase program

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 board of directors has authorized a new share repurchase program, where the company is authorized to repurchase up to us$10 million of its shares, effective until august 31, 2023. the company expects to fund the repurchases under this program with its existing cash balance. the company's proposed repurchases may be made from
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