Tag: Financial

MOGU Announces Second Quarter Fiscal Year 2021 Unaudited Financial Results

HANGZHOU, China–(BUSINESS WIRE)–Nov 30, 2020–

MOGU Inc. (NYSE: MOGU) (“MOGU” or the “Company”), a leading KOL-driven online fashion and lifestyle destination in China, today announced its unaudited financial results for the second quarter of fiscal year 2021 ended September 30, 2020.

“In the post-COVID environment, we were glad to see our KOLs have leveraged strong supply chain in China and delivered another strong quarter for MOGU Live.” said Chen Qi, Chairman and Chief Executive Officer of MOGU. “We believe that MOGU Live is our best response to the structural change in the fashion supply chain landscape in China. Manufacturers’ best products and rapid manufacturing capabilities can be digitalized and presented to our consumers in the most immersive and interactive fashion. Looking forward, we will remain dedicated to providing the best fashion shopping experience to our consumers.”

“We continue to invest in user engagement and conversion and our active MOGU live

It is really Time To Shift Previous Songs To The Enthusiast Financial system say Prime MIDiA Analysts

Leading music marketplace analysts Mark Mulligan and Keith Jopling of MIDiA Research have a information for the new music marketplace. Now is the time for “new innovations that make the present-day streaming design appear like an option, not the only choice – to appreciate tunes.”

By Mark Mulligan and Keith Jopling of MIDiA Research 

The Uk parliament is at present operating an inquiry into the streaming tunes financial system, acquiring known as for evidence from across the audio small business. Before this week were being the initial verbal submissions, from a range of Uk artists together with Tom Grey (Gomez), Guy Garvey (Elbow), Ed O’Brien (Radiohead) and Nadine Shah.

MPs listened to impassioned but well balanced submissions that shone a light-weight on the truth of what it implies to be an artist in the streaming period. Mercury Prize-nominated Shah explained that she tends to make so tiny revenue from streaming

Curio Wellness Launches Financial investment Fund to Combat Range and Inclusion Worries inside of Cannabis Marketplace – Press Release

TIMONIUM, Md.–(Organization Wire)–Curio Wellness today declared a new funding method that will offer start-up funds for minority enterprise proprietors to open up their very own Curio Wellness franchise location. Made for ladies, minorities and disabled veterans, Curio Wellness’s financial commitment fund (the Fund) will allow the medical cannabis and wellness business to further its intention of serving clients with harmless, productive and dependable cannabis-based drugs in a number of states as a result of its unique Wellness Middle retail business principle. A legally independent but affiliated entity from Curio Wellness, the Fund will join assorted investors with up to 50 aspiring ladies, minority and disabled veteran entrepreneurs, furnishing $30 million in money funding.

“In wanting at the systemic boundaries that females, minorities and disabled veterans face in accessing funds, we resolved to build a resolution that directly addresses this huge financial disparity,” mentioned Michael Bronfein, CEO. “The Fund presents qualifying

Enhance organization local weather, go for extreme negotiation for extra Japanese financial commitment: envoy

Japanese Ambassador to Bangladesh ITO Naoki thinks Bangladesh really should commence intense negotiations with his country so that the duo could indicator a extensive financial partnership arrangement.

The wealthy nation of the Far East has been turning into a key buying and selling and financial spouse of Bangladesh and such a offer will be certain duty-totally free entry to Bangladeshi goods even immediately after it can make its graduation in 2024.

The United Nations Centre for Progress Policy is scheduled to consider particular least designed nations around the world (LDC), like Bangladesh, in 2021 for promotion to the producing nation classification.

At this time, 98 per cent of goods originating in Bangladesh delight in duty-free of charge accessibility to Japanese markets below the LDC classification, mentioned Naoki.

The exports to Japanese marketplaces, such as leather and leather items, are developing. Some 80 for each cent of the shipment is garments