New Delhi, Aug 5 (IANS) The government-run Open Network for Digital Commerce (ONDC) on Monday announced that it has continued its impressive growth trajectory in July 2024, recording 12 million orders across various categories, with daily orders reaching 430,000.
The Network currently comprises over 6.38 lakh sellers and service providers, operating in more than 609 cities and delivering to 1,200 cities nationwide.
“Of the total orders in July, the mobility domain accounted for 4.4 million transactions. The remaining 7.6 million orders were from non-mobility domains,” ONDC said.
Within the non-mobility sector, “the food and beverages category saw 1.7 million transactions, while grocery recorded 1.4 million transactions”.
The fashion segment contributed 0.6 million transactions, with the remaining 4 million orders distributed among on-network logistics, beauty and personal care, home and kitchen, and retail vouchers, ONDC said.
“In the food and beverages sector, the Network captured an impressive 18 per cent market share in Bengaluru and 3 per cent nationally, indicating strong adoption in key markets.”
In July, ONDC also launched the auto components and accessories category on the Network. It featured sellers such as Ess Aay Automotive (Hero Genuine).
ONDC also logged a 21 per cent month-on-month growth in transactions to 12 million in July, compared to 10 million in June. The network saw transactions of 374,000 orders in a single day, during the recently concluded T20 World Cup finals, on June 30.
In May, ONDC recorded an all-time high of 8.9 million transactions across retail and ride-hailing segments. In the retail segment, the ONDC hit a new peak of 5 million orders in May, up from 3.59 million in April. The network also saw a single-day record of 200,000 retail transactions during the month. ONDC said it is continuing “to expand its scope and reach, and now operates across 10 domains with 108 active participants”.
The platform is also likely to introduce a “Swantantra sale featuring attractive offers and promotions”, ONDC said.
–IANS
rvt/vd
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by TodayIndia.news and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of TodayIndia.news We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, TodayIndia.news takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.