KUAISHOU-W: Group Buying Festival GMV Spikes 4.2x YoY During May Day Holiday
AASTOCKS2024-05-09 07:26
The GMV of KUAISHOU-W (01024.HK) +1.600 (+2.807%) Short selling $965.54M; Ratio 35.367% 's group buying spiked by 420% YoY during 2024 May Day holiday, while the average daily number of paying users surged by 417% YoY, KUAISHOU-W released its “May Day Group Buying Festival Consumption Report for Veteran Users” saying.
Brand merchants can attract one new customer for every three orders placed through the KUAISHOU-W's platform, the report added.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-05-08 16:25.)
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