Company

A story of discovery.

From fashion discovery to a family of products for creativity and everyday life.

MOGU · OUR DIRECTION

More possibilities.
For everyday life.

We connect people with products and experiences across live commerce, creative tools and everyday life — while continuing to explore new possibilities.

01 / DISCOVER

Fashion, creators
and live shopping.

02 / CREATE

Tools for imagination
and new ideas.

03 / EXPLORE

New products.
More possibilities.

2011 — 2026

Our story keeps evolving.

From fashion discovery and live commerce to AI-powered creative tools.

2011

A community begins

Launched as a consumer sharing community, quickly attracting millions of early users.

2012

Discovery becomes social

Established a social shopping guide model and saw substantial growth in users.

2013

From inspiration to purchase

Built an online transaction system for women’s fashion, completing the e-commerce journey.

2014

Fashion creators at the core

Signed exclusive contracts with fashion KOLs and established a buyer-led brand positioning.

2015

A connected fashion ecosystem

Built a KOL workstation and a social fashion shopping guide ecosystem.

2016

Shopping goes live

Introduced an innovative live-streaming shopping model and launched the KOL Live Streaming E-Commerce Double 11 Shopping Festival.

2017

Commerce on WeChat

Developed the MOGU WeChat mini-program portfolio, helping build the WeChat e-commerce ecosystem.

2018

A growing fashion community

Upgraded Fashion Editor Review and the KOL community to continue discovering and sharing fashion news.

2020

Live commerce expands

Live-streaming GMV grew 91.6% year over year in fiscal 2020, reaching RMB7.9 billion.

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2021

Live shopping becomes central

Live streaming accounted for 78.5% of total GMV in fiscal 2021, reflecting the platform’s shift toward live commerce.

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2022

Refining the operating model

Amid a changing live-commerce market, MOGU focused on optimizing its cost structure and improving operational efficiency.

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2023

A new chapter in AI

WeShop began testing in May and introduced paid services later that month, bringing AI-powered model and scene generation to e-commerce photography.

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2024

Opening creative tools to developers

WeShop AI launched its API in June with AI Model and AI Product agents, extending AI image creation into business workflows.

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2025

More ways to create

WeShop expanded its toolset with virtual try-on, image expansion, background removal and pose changes.

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2026

Expanding our AI product family

MOGU is progressively expanding its AI product portfolio, exploring broader applications across creative work, software development and everyday life.

To be continued…

THE PEOPLE BEHIND MOGU

Founding team.

Chen Qi

Chen Qi

Founder and Group Chairman

In February 2011, Chen Qi co-founded MOGU with Wei Yibo and Yue Xuqiang. In March 2016, he brought live-streaming technology to e-commerce shopping, making MOGU the first e-commerce platform with live shopping functionality. In December 2018, he led MOGU to a successful listing on the New York Stock Exchange, becoming China’s first listed fashion technology company, and served as Chairman of MOGU Inc. In 2022, he founded WeShop, China’s first AI product photography company.

Wei Yibo

Wei Yibo

Co-founder

A Computer Science graduate of Zhejiang University, Wei joined ZTE in 2004 and managed its overseas market. In 2011, he joined forces with Chen Qi to found MOGU.

Yue Xuqiang

Yue Xuqiang

Co-founder

A graduate of Hangzhou Dianzi University, Yue worked as an architect at Taobao, contributing to changes across almost all of its systems. In 2011, he co-founded MOGU as its technology partner and served as COO.

PART OF OUR STORY

Historical investors.

Tencent
Hillhouse
Bertelsmann

Selected historical investors shown on the original corporate website. · Original corporate website ↗