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ONDC achieves highest-ever monthly transactions with 8.9 million in May 2024

The Open Network for Digital Commerce (ONDC) announced to achieve an all-time high of 8.9 million transactions across retail and ride-hailing segments in May 2024. This milestone marks a significant 23 per cent month-on-month growth in total transaction volume.

ONDC hits record 8.9 million transactions in May 2024
ONDC hits record 8.9 million transactions in May 2024 Image Source : ONDC
Edited By: Saumya Nigam @snigam04
New DelhiPublished: , Updated:

Open Network for Digital Commerce (ONDC), an ecommerce platfrom runned by the Indian government has?said that it has recorded an all-time high of 8.9 million transactions across retail and ride-hailing segments in May 2024. This has further represented?a robust growth of 23 per cent month-on-month in total transaction volume, the official statement from the company stated.?

The statement further said that in the retail segment, the ONDC has hit a new peak of 5 million orders in May, which is a growth when compared the numbers of april (i.e., 3.59 million). The network also saw a single-day record of 200,000 retail transactions during the month.?

The network?said, "The grocery and food delivery categories each crossed the 1 million order mark for the first time, while home and kitchen had 630,000 orders, fashion had 330,000 orders, and other retail sub-categories added up to 2 million orders."?

The ride-hailing segment witnessed slower growth, increasing from 3.6 million trips in April to 3.8 million in May, still lower than its March peak of 4 million trips.?

The ONDC now has around 535,000 sellers across over 1,200 cities, with 84 per cent being small sellers contributing 56 per cent of total orders. The Network also saw an all-time high of 200,000 retail transactions in a single day during the month.

ALSO READ:?DoT took action against more than 10,000 fraudulent messages which were sent by using eight SMS headers over the past three months. In collaboration with the Ministry of Home Affairs (MHA), the DoT has implemented the Sanchar.?In partnership with the Ministry of Home Affairs (MHA), DoT took decisive measures to protect citizens from potential SMS fraud through the Sanchar Saathi initiative.

ALSO READ:?New mobile number series introduced by the Centre for service and transactional voice calls

DoT has allocated a new numbering series, 160xxxxxxx which will be exclusively used for service/transactional voice calls by the principal entities. At present, the 140xxxxxxx series has been allocated to telemarketers for making promotional/service/transactional voice calls.

ALSO READ:?Government orders telecom providers to block international spoofed calls

It further noted that the Department of Telecommunications (DoT) has come up with a system to help identifying and block incoming international spoofed calls from reaching any Indian telecom subscriber.

Inputs from IANS

?

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