By Natasha Li / Staff reporterTV and online retailer Momo.com Inc (富邦媒體) yesterday posted record-high revenue of NT$4.07 billion (US$133.73 million) for last month, a 19.2 percent year-on-year increase, buoyed by end-of-year sales. The company attributed the increase mainly to higher sales on its e-commerce platform, which posted 24 percent year-on-year growth last month. Cumulative revenue in the first 10 months of the year increased 21 percent year-on-year to NT$39.99 billion, a record high in the company’s history, it said. In the first 10 months of the year, the company posted a 12.66 percent year-on-year increase in revenue to NT$30.52 billion. PChome Online yesterday reported handling 1,300 transactions per minute for the Singles’ Day shopping promotion, boosted by the company’s partnership with Line Pay, which offers an 11 percent return rate on every purchase.

Source: Taipei Times November 11, 2019 15:58 UTC