Hong Kong Technology Venture Co. Ltd. Reports Improved May 2025 Ecommerce Performance Amid Increased Local Engagement

Reuters

06-13

Hong Kong Technology Venture Co. Ltd. Reports Improved May 2025 Ecommerce Performance Amid Increased Local Engagement

Hong Kong Technology Venture Co. Ltd. announced a business update and unaudited operational information for May 2025. The company's Hong Kong Ecommerce business showed improved performance, attributed to the annual "May Thankful Festival" and a reduction in outbound travel among Hong Kong residents compared to the previous month. Despite a 17.7% increase in daily average outbound travel compared to May 2024, which exerted pressure on the year-on-year business performance, the company experienced a 4.8% rise in the Average Daily Gross Merchandise Value $(GMV.AU)$ on Order Intake, reaching HK$22.0 million in May 2025. However, this figure represents a 6.0% decrease from HK$23.4 million in May 2024. Additionally, both unique customers and active HKTVmall App users rebounded in May 2025, with monthly active users totaling approximately 1,599,000, up from 1,567,000 in April 2025, but down from 1,717,000 in May 2024. The company emphasizes that this information is unaudited and based on preliminary internal data.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hong Kong Technology Venture Co. Ltd. published the original content used to generate this news brief on June 13, 2025, and is solely responsible for the information contained therein.

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Ltd. Reports Improved May 2025 Ecommerce Performance Amid Increased Local Engagement","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Hong Kong Technology Venture Co. Ltd. Reports Improved May 2025 Ecommerce Performance Amid Increased Local Engagement\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Hong Kong Technology Venture Co. Ltd. announced a business update and unaudited operational information for May 2025. The company's Hong Kong Ecommerce business showed improved performance, attributed to the annual \"May Thankful Festival\" and a reduction in outbound travel among Hong Kong residents compared to the previous month. 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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hong Kong Technology Venture Co. Ltd. published the original content used to generate this news brief on June 13, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong Technology Venture Co. Ltd. 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Ltd. Reports Improved May 2025 Ecommerce Performance Amid Increased Local Engagement\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-06-13 20:15</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Hong Kong Technology Venture Co. Ltd. Reports Improved May 2025 Ecommerce Performance Amid Increased Local Engagement\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Hong Kong Technology Venture Co. Ltd. announced a business update and unaudited operational information for May 2025. The company's Hong Kong Ecommerce business showed improved performance, attributed to the annual \"May Thankful Festival\" and a reduction in outbound travel among Hong Kong residents compared to the previous month. Despite a 17.7% increase in daily average outbound travel compared to May 2024, which exerted pressure on the year-on-year business performance, the company experienced a 4.8% rise in the Average Daily Gross Merchandise Value <a href=\"https://laohu8.com/S/GMV.AU\">$(GMV.AU)$</a> on Order Intake, reaching HK$22.0 million in May 2025. However, this figure represents a 6.0% decrease from HK$23.4 million in May 2024. Additionally, both unique customers and active HKTVmall App users rebounded in May 2025, with monthly active users totaling approximately 1,599,000, up from 1,567,000 in April 2025, but down from 1,717,000 in May 2024. The company emphasizes that this information is unaudited and based on preliminary internal data.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hong Kong Technology Venture Co. Ltd. published the original content used to generate this news brief on June 13, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1177","symbol_name":"大賣場與超市","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250613:nNDL521qFS:1","article_id":"2543684947","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2543684947","pubTimestamp":1749816927,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Hong Kong Technology Venture Co. 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Despite a 17.7% increase in daily average outbound travel compared to May 2024, which exerted pressure on the year-on-year business performance, the company experienced a 4.8% rise in the Average Daily Gross Merchandise Value $(GMV.AU)$ on Order Intake, reaching HK$22.0 million in May 2025. However, this figure represents a 6.0% decrease from HK$23.4 million in May 2024. Additionally, both unique customers and active HKTVmall App users rebounded in May 2025, with monthly active users totaling approximately 1,599,000, up from 1,567,000 in April 2025, but down from 1,717,000 in May 2024. The company emphasizes that this information is unaudited and based on preliminary internal data.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hong Kong Technology Venture Co. Ltd. published the original content used to generate this news brief on June 13, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport,express","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}