MOGU Inc. Appoints New Auditor Amid Internal Control Concerns

Meet Your ETF AI Analyst Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.Mogu ( (MOGU) ) has issued an update. On November 13, 2025, MOGU Inc. announced the dismissal of PricewaterhouseCoopers Zhong Tian LLP as its auditor and appointed Marcum Asia CPAs LLP as the successor. This change, approved by the company’s Audit Committee, follows the identification of material weaknesses in MOGU’s internal control over financial reporting, though no disagreements with the former auditor were reported. The transition is expected to address these weaknesses, potentially impacting MOGU’s financial reporting and stakeholder confidence. Spark’s Take on MOGU Stock According to Spark, TipRanks’ AI Analyst, MOGU is a Underperform. Mogu’s overall stock score is driven by significant financial challenges, including declining revenue, consistent losses, and cash burn issues. While the technical analysis provides some stability signals, the valuation remains unattractive due to negative profitability. Without positive catalysts from earnings calls or corporate events, the stock remains high risk. To see Spark’s full report on MOGU stock, click here. More about Mogu MOGU Inc. is a KOL-driven online fashion and lifestyle destination in China, offering a platform that connects merchants, KOLs, and users to provide a comprehensive online shopping experience. The company focuses on making fashion more accessible and enjoyable, serving as a marketing channel for merchants and an incubator for KOLs. Average Trading Volume: 1,181,319 Technical Sentiment Signal: Buy Current Market Cap: $22.4M