HK Technology Venture Reports Seasonal Ecommerce Dip

Hong Kong Television Network (DE:XHN1) has released an update.

Hong Kong Technology Venture Company Limited reported a slight downturn in September 2024 for its Ecommerce business, with a 3.1% decrease in average daily gross merchandise value and a minor drop in unique customers compared to August. Despite this seasonal decline, the number of active users of their HKTVmall app remained stable, providing a solid base for potential future growth. The company cautions that this unaudited operational information is preliminary and may be subject to change.

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