HKTVmall Operator HK Tech Venture Sees 19.6% Surge in August Daily Order Value

Stock News09-11

HK Tech Venture (01137) has announced that its Hong Kong e-commerce business delivered another robust operational performance in August 2026, benefiting from a series of promotional initiatives and enhanced platform features.

During the month, the group continued its weekend "15% off promotional campaigns" under the year-round discount program on HKTVmall, covering product categories such as supermarkets, personal care, pet food, baby formula, and diapers. Additionally, the company maintained its "Weekday Exclusive Deals," offering extra discounts on selected popular categories including electronics and home appliances, beauty and health products, alcoholic beverages, and contact lenses on designated weekdays.

To further showcase HKTVmall's competitive pricing advantage, a new "Daily Price Comparison" feature was launched on the mobile app's homepage in August 2026. This tool tracks the prices of over 1,000 best-selling products across supermarkets, enabling customers to conveniently compare prices on a single platform, thereby improving price transparency and shopping convenience.

As a result of these measures, the average daily order gross merchandise value surged to HK$26.2 million in August 2026, representing a 19.6% year-on-year increase from HK$21.9 million in August 2025. Monthly order gross merchandise value reached HK$812 million, up 19.8% year-on-year from HK$678 million in the prior year's corresponding period.

The number of unique customers hit a new all-time high, reaching 699,000, a 12.4% increase compared to 622,000 in August 2025. Meanwhile, monthly active unique devices grew to 1.642 million, up from 1.492 million recorded in the same period last year.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment