Mogu Inc: Slumps after lower revenue
30/11/2020 15:50
** U.S. listed shares of Chinese e-commerce co shares
MOGU.N down 16.79% at $2.28; stock is the top pct loser among
NYSE-listed stocks
** Q2 rev fell 43.% to $16.6 mln, hurt by weak performance
in its commission and marketing services businesses urn:newsml:reuters.com:*:nBw8tgxR4a
** Gross merchandise value falls 25.3% to $458.3 mln
** Shares have fallen more than 61% since hitting a
year-high of $5.92 on July 7
(Reporting by Sohini Podder in Bengaluru)
((Sohini.podder@thomsonreuters.com))