Hong Kong Technology Venture's Average Daily GMV Decreases 3.5% in December

MT Newswires Live
10 Jan

Hong Kong Technology Venture's (HKG:1137) e-commerce business' average daily gross merchandise value on order intake decreased by 3.5% to HK$22.1 million in December 2024 from HK$22.9 million recorded in the prior month, and 6.4% from HK$23.6 million logged in December 2023.

The monthly GMV on order intake for the reporting month was HK$685 million, down from HK$687 million last month, according to a Thursday filing with the Hong Kong Exchange.

The number of unique customers increased slightly to 594,000 in December 2024 from 591,000 in November, while the number of active users of the HKTVmall application reached 1.6 million in December, about 3000 more than 1.6 million in the prior month, the filing said.

The e-commerce platform technology company has set its target for GMV on order intake for the group between HK$8.65 billion and HK$9.08 billion for 2025.

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