Hong Kong Technology Venture sees November dip after festival

Hong Kong Technology Venture Company Limited reported a month-on-month decline in key operational metrics for its e-commerce business in November 2025. Average daily order numbers fell 2.6% to 48,800, down from 50,100 in October 2025. Concurrently, the average order value decreased by 2.0% to HK$434, compared to HK$443 in the prior month.

This led to a 4.5% month-on-month decrease in Average Daily Gross Merchandise Value (GMV) on Order Intake, which reached HK$21.2 million in November 2025, from HK$22.2 million in October. The total monthly GMV on Order Intake for November 2025 was HK$636 million, a 7.6% drop from October's HK$688 million.

The company also noted a slight decrease in unique customers, with 603,000 in November 2025 compared to 620,000 in October 2025. Monthly Active Unique Devices also saw a minor dip to 1,607,000 from 1,611,000 in October 2025. The board cautions that this information is unaudited and based on preliminary internal data.