Summary by Futu AI
HK Tech Venture Limited announced on September 12, 2024 that despite a significant increase in outbound travel during the school holidays in August 2024, its e-commerce business still recorded moderate growth. The average daily order transaction volume for the month increased by 1.3% compared to July, reaching 22,900,000 Hong Kong dollars, and the monthly total transaction volume increased from 700,000,000 Hong Kong dollars to 710,000,000 Hong Kong dollars. In addition, user engagement in August increased, with the monthly active users of the HKTVmall app increasing from about 1,630,000 to approximately 1,660,000, and the number of unique customers increasing from 615,000 to 618,000. The company stated that this achievement was the result of comprehensive efforts to expand product selection, improve delivery efficiency, and enhance features such as additional orders, supported by the customer relationship program and marketing activities launched in August. The Board of Directors reminded investors that the unaudited data mentioned above is only preliminary internal information, and may differ from the numbers in the audited financial statements. Investors should proceed with caution.