HKTVmall losing half a million dollars a day

  1. #1

    Join Date
    Jan 2011
    Posts
    1,436

    HKTVmall losing half a million dollars a day

    HKTV burns a Mercedes every day
    Let’s take a look at the firm controlled by maverick tycoon Ricky Wong Wai-kay, who has admitted that his online shopping and delivery business HKTVmall is losing half a million dollars a day.
    Whether HKTV will become profitable, and when, is anybody’s guess, but most Hongkongers certainly do want the local player to succeed.

  2. #2

    Join Date
    Dec 2002
    Location
    薄扶林
    Posts
    21,921

    Who are we to get in the way of progress?!?

    Those small business owners who own that shop that is 2 mins away from your home should have gone online and developed their own app!

    Have a GeoExpat related problem - please create a support ticket.

  3. #3

    Join Date
    May 2014
    Location
    Hong Kong
    Posts
    265

    I never thought that Ricky Wong would made it this far with online competitors like Amazon and other


  4. #4

    Join Date
    Jan 2008
    Posts
    816

    So are guys like Tesla and Uber. Welcome to the new world where you don't need to get profits, you just need to sell the IDEA that ONE DAY you will get profits. Good or bad for society? Who knows


  5. #5

    Join Date
    Dec 2012
    Location
    Pokfulam; office in Central
    Posts
    140

    Ricky will prevail in the end.