Hong Kong Technology Venture's October E-Commerce GMV Rises 6% on Festival Boost

MT Newswires Live11-10

Hong Kong Technology Venture (HKG:1137) said its Hong Kong e-commerce business recorded a 6% month-on-month increase in gross merchandise value (GMV) to HK$688 million in October, supported by HKTVmall's October Thankful Festival, according to a Monday bourse filing.

Average daily GMV on order intake rose 2.8% to HK$22.2 million, while unique customers grew 1.6% to 620,000.

Monthly active unique devices increased to 1.61 million from 1.57 million in September.

The company said Hong Kong's retail sector remains under structural pressure from shifting consumption patterns, outbound travel, and growing competition from mainland and international e-commerce platforms.

The firm outlined several initiatives, including a HK$250 million marketing investment to reach one in every three adults in Hong Kong as HKTVmall users.

It will also introduce personalized pricing, expand into silver-haired and mainland customer segments, and upgrade its 8-hour delivery service to 3-hour express coverage across key categories.

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

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2582179318?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-10 09:49","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2582179318","market":"nz","top_or_hot":-1,"title":"Hong Kong Technology Venture's October E-Commerce GMV Rises 6% on Festival Boost","media":"MT Newswires Live","content":"<html><body><p> Hong Kong Technology Venture (HKG:1137) said its Hong Kong e-commerce business recorded a 6% month-on-month increase in gross merchandise value (GMV) to HK$688 million in October, supported by HKTVmall's October Thankful Festival, according to a Monday bourse filing.</p><p>Average daily GMV on order intake rose 2.8% to HK$22.2 million, while unique customers grew 1.6% to 620,000.</p><p>Monthly active unique devices increased to 1.61 million from 1.57 million in September.</p><p>The company said Hong Kong's retail sector remains under structural pressure from shifting consumption patterns, outbound travel, and growing competition from mainland and international e-commerce platforms.</p><p>The firm outlined several initiatives, including a HK$250 million marketing investment to reach one in every three adults in Hong Kong as HKTVmall users.</p><p>It will also introduce personalized pricing, expand into silver-haired and mainland customer segments, and upgrade its 8-hour delivery service to 3-hour express coverage across key categories.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong Technology Venture's October E-Commerce GMV Rises 6% on Festival Boost</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong Technology Venture's October E-Commerce GMV Rises 6% on Festival Boost\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-11-10 09:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Hong Kong Technology Venture (HKG:1137) said its Hong Kong e-commerce business recorded a 6% month-on-month increase in gross merchandise value (GMV) to HK$688 million in October, supported by HKTVmall's October Thankful Festival, according to a Monday bourse filing.</p><p>Average daily GMV on order intake rose 2.8% to HK$22.2 million, while unique customers grew 1.6% to 620,000.</p><p>Monthly active unique devices increased to 1.61 million from 1.57 million in September.</p><p>The company said Hong Kong's retail sector remains under structural pressure from shifting consumption patterns, outbound travel, and growing competition from mainland and international e-commerce platforms.</p><p>The firm outlined several initiatives, including a HK$250 million marketing investment to reach one in every three adults in Hong Kong as HKTVmall users.</p><p>It will also introduce personalized pricing, expand into silver-haired and mainland customer segments, and upgrade its 8-hour delivery service to 3-hour express coverage across key categories.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1177","symbol_name":"大卖场与超市","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2582179318","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2582179318","pubTimestamp":1762739394,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Hong Kong Technology Venture  said its Hong Kong e-commerce business recorded a 6% month-on-month increase in gross merchandise value  to HK$688 million in October, supported by HKTVmall's October Thankful Festival, according to a Monday bourse filing.Average daily GMV on order intake rose 2.8% to HK$22.2 million, while unique customers grew 1.6% to 620,000.Monthly active unique devices increased to 1.61 million from 1.57 million in September.The company said Hong Kong's retail sector remains under structural pressure from shifting consumption patterns, outbound travel, and growing competition from mainland and international e-commerce platforms.The firm outlined several initiatives, including a HK$250 million marketing investment to reach one in every three adults in Hong Kong as HKTVmall users.It will also introduce personalized pricing, expand into silver-haired and mainland customer segments, and upgrade its 8-hour delivery service to 3-hour express coverage across key categories.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1177":"大卖场与超市","GMV.AU":"G Medical Innovations","01137":"香港科技探索","BK1142":"互联网与直销零售"},"translate_title":"香港科技创投10月电商GMV受节日提振增长6%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GMV.AU":1,"01137":1},"content_text":"Hong Kong Technology Venture (HKG:1137) said its Hong Kong e-commerce business recorded a 6% month-on-month increase in gross merchandise value (GMV) to HK$688 million in October, supported by HKTVmall's October Thankful Festival, according to a Monday bourse filing.Average daily GMV on order intake rose 2.8% to HK$22.2 million, while unique customers grew 1.6% to 620,000.Monthly active unique devices increased to 1.61 million from 1.57 million in September.The company said Hong Kong's retail sector remains under structural pressure from shifting consumption patterns, outbound travel, and growing competition from mainland and international e-commerce platforms.The firm outlined several initiatives, including a HK$250 million marketing investment to reach one in every three adults in Hong Kong as HKTVmall users.It will also introduce personalized pricing, expand into silver-haired and mainland customer segments, and upgrade its 8-hour delivery service to 3-hour express coverage across key categories.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2582179318","isCrawlerRequest":true}