Core Viewpoint - Hong Kong Technology Exploration (01137) reported stable performance in its Hong Kong e-commerce business for August 2025, despite ongoing challenges in the local retail environment [1] Group 1: Business Performance - The average daily gross merchandise value (GMV) for August 2025 increased by 0.5% to HKD 21.9 million compared to July 2025 (HKD 21.8 million) [1] - The total monthly GMV for August 2025 reached HKD 678 million, slightly up from HKD 675 million in July 2025 [1] Group 2: Consumer Behavior - Despite an increase in outbound travel among Hong Kong residents during the summer, there remains a robust consumer demand for the company's e-commerce platform [1] - The number of unique customers grew by 2.8% month-on-month and 0.6% year-on-year to 622,000, indicating sustained customer engagement and loyalty [1] Group 3: Year-on-Year Comparison - The average daily GMV and total monthly GMV for August 2025 decreased by 4.4% and 4.5% respectively compared to the same period last year [1]

Core Viewpoint - Hong Kong Technology Exploration (01137) reported stable performance in its Hong Kong e-commerce business for August 2025, despite ongoing challenges in the local retail environment [1] Group 1: Business Performance - The average daily gross merchandise transaction value in August 2025 increased by 0.5% to HKD 21.9 million compared to July 2025 (HKD 21.8 million) [1] - The total monthly gross merchandise transaction value for August 2025 reached HKD 678 million, slightly up from HKD 675 million in July 2025 [1] Group 2: Consumer Behavior - Despite an increase in outbound travel among Hong Kong residents during the summer, there remains a robust consumer demand for the company's e-commerce platform [1] - The number of independent customers grew by 2.8% month-on-month and 0.6% year-on-year to 622,000, indicating sustained customer engagement and loyalty [1] Group 3: Market Challenges - Year-on-year comparisons show a decline in average daily gross merchandise transaction value and total monthly gross merchandise transaction value by 4.4% and 4.5%, respectively, due to weak economic growth, irreversible trends in cross-border shopping, and frequent consumer travel [1]

Core Viewpoint - Hong Kong Technology Exploration (01137.HK) reported stable performance in its electronic commerce business despite ongoing challenges in the local retail environment, with a slight increase in daily transaction value in August 2025 compared to July 2025 [1] Group 1: Performance Metrics - The average daily gross merchandise value (GMV) for August 2025 increased by 0.5% to HKD 21.9 million, contributing to a total monthly GMV of HKD 678 million [1] - However, the average daily GMV and total monthly GMV for August 2025 decreased by 4.4% and 4.5% respectively compared to the same month last year [1] Group 2: Customer Engagement - The number of unique customers grew by 2.8% month-on-month and 0.6% year-on-year, reaching 622,000, indicating sustained customer engagement and loyalty [1]