Qi Chen acquired 4.5% stake in MOGU Inc. (NYSE:MOGU) from an independent third party for $1.04 million on June 29, 2023. Qi Chen who is the founder and Chairman of MOGU acquired 0.37 million ADSs at $2.8 per ADS.

Qi Chen completed the acquisition of 4.5% stake in MOGU Inc. (NYSE:MOGU) from an independent third party on June 29, 2023.