Hong Kong Television Network Faces Ecommerce Challenges

Hong Kong Television Network (HK:1137) has released an update.

Hong Kong Television Network’s eCommerce business experienced a downturn in November 2024 due to economic challenges, reduced customer activity, and a lack of significant marketing campaigns. Key metrics such as average daily gross merchandise value and the number of unique customers showed declines compared to both the previous month and the same month last year. Despite these setbacks, the average order value increased slightly, suggesting a shift in consumer purchasing behavior.

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