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HK TECH VENTURE Jul GMV Slips 3.6% YoY
Recommend 2 Positive 3 Negative 4 |
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HK TECH VENTURE (01137.HK) announced that the average daily gross merchandise value (GMV) on order intake remained at HKD21.8 million in June and July 2025, resulting in a monthly GMV on order intake of HKD675 million, up 3.37% MoM, reflecting continued resilience in local consumer engagement at the group's Hong Kong e-commerce business. However, on a YoY basis, both the average daily GMV on order intake and monthly GMV on order intake in July 2025 declined by 3.5% and 3.6%, respectively, indicating the ongoing outbound travel pressures impacting the overall retail landscape in Hong Kong. AAStocks Financial News |
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