Back    Zoom +    Zoom -
JD-SW's GMV in HK & MO Surges 2x; Sha Tin the 1st Region to Receive Regional Subsidy
Recommend
12
Positive
21
Negative
8
Ken Yeung, head of JD-SW's (09618.HK) (JD.US) operations in Hong Kong, Macau, and Taiwan, revealed that the company's operations in Hong Kong and Macau are experiencing robust growth.

Over the past two months, both user numbers and order volume have doubled YoY, while gross merchandise value (GMV) has surged by two times, Yeung added.

Related NewsG Sachs: Mkt Underestimates Duration of Competition in CN Food Delivery Sector & BABA-W's Investment Scale
Along with the 618 shopping festival set to kick off tomorrow (30th) at 8 pm, the group has announced details of its promotional activities for Hong Kong and Macau. It intends to roll out a regional subsidy program across all 18 districts of Hong Kong, with the first phase launching in Sha Tin. During the 618 festival period, new users in Sha Tin will receive coupons worth RMB1,000.
AAStocks Financial News