AuGroup Landed on the Hong Kong Stock Exchange, “The First Share of Furniture Going Overseas”, with Promising Potential Growth

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Deeply Rooted in Furniture and Home Furnishing Cross-border E-commerce Track, with Multi-category and Multi-brand Development Promoting Sustained Growth AuGroup's strategy is to focus on the furniture and home furnishings market, one of the fastest growing B2C e-commerce market segments with low return rate.

The content of this article has been produced by our advertising partner.] Influenced by the easing cycle of overseas central banks and the continuous release of positive policy signals from the Mainland, investor sentiment in the Hong Kong stock market had markedly improved.

In terms of GMV in 2023, the Company ranked first in the B2C overseas e-commerce market for furniture and home furnishings by China-based sellers; and ranked fifth in the global B2C e-commerce market for furniture and home furnishings.

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Article Details

Author / Journalist: Advertising partner

Category: Business

Markets: Hong KongChina

Topics: E-commerce Furniture First Augroup Terms Stock Hong Furnishings Kong 2023 Market

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 15:36:08 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 354 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 23468855

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