Mushroom Street's third-quarter net loss of $6.1 million

Tencent's Science and Technology Information Mushroom Street (New York's Securities Code: MOGU) released the company's third-quarter earnings report for the fiscal year 2019 as of December 31, 2018.

According to the financial report, the total transaction volume of Mushroom Street in the quarter was RMB 16.778 billion (US$2.469 billion), a year-on-year increase of 21.5%; the total revenue was RMB 367.2 million (US$53.4 million), a year-on-year increase of 20.3%; The loss was RMB 42.2 million (approximately US$ 6.1 million), which was narrower than the net loss of RMB 156.1 million in the same period last year.

Mushroom Street third fiscal quarter net loss 610 US dollars year-on-year range narrow

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