BRIEF: HKTVmall sales down 4.1% in August
1137.HK
Hong Kong Technology Venture Co. Ltd. (1137.HK), which operates the HKTVmall online shopping platform, announced its total gross merchandise value (GMV) for August totaled HK$710 million ($91 million), down 4.1% year-on-year. The company said its average daily GMV was HK$22.9 million, also down 4.2% year-on-year, but up by a slight 1.3% from the previous month.
The company’s monthly active HKTVmall app users reached 1.66 million, an increase of 30,000 from July, and the number of unique customers increased from 615,000 in July to 618,000 last month. The company’s average order value of HK$464 was up by a slight 1.1% year-on-year.
Reporting by Lau Chi Hang
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