Hong Kong Television Network ( (HK:1137) ) has provided an announcement.
Hong Kong Technology Venture Company Limited has released its FY2025 business outlook amidst ongoing economic challenges in Hong Kong, including a 6.5% decline in retail sales. Despite these hurdles, the company achieved modest growth in 2024 with a Gross Merchandise Value (GMV) on Order Intake of HK$8.58 billion, driven by significant growth in its Wet Market Express segment. Looking ahead, the company targets a GMV increase of up to 5.8% in 2025 and remains committed to strategic investments and diversification to navigate the complex business environment, while closely monitoring its new ventures.
More about Hong Kong Television Network
Hong Kong Technology Venture Company Limited operates in the technology and ecommerce industry with a focus on various ventures including HKTVmall, a significant player in Hong Kong’s ecommerce market, as well as new technology-driven projects such as Wet Market Express, Fully Automated Retail Store and System, and Life Science projects.
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