hk tech venture (01137.HK) announced on October 7 that the performance of Hong Kong electronic commerce business in September 2024 was somewhat affected by routine seasonal decline and public holiday effects compared to August 2024. The average daily total commodity turnover of orders decreased by 3.1% in September 2024, reaching 22,200,000 Hong Kong dollars, lower than August 2024's 22,900,000 Hong Kong dollars. The number of individual customers also slightly decreased, from around 618,000 customers last month to around 602,000 customers, but still showing significant growth compared to around 587,000 customers in September 2023.
Furthermore, it is encouraging that the monthly active users of the HKTVmall application remain stable at around 1,640,000, laying a solid foundation for future growth.