ONDC clocks record 8.9 mn deals in May
The Network also saw an all-time high of 200,000 retail transactions in a single day during the month
image for illustrative purpose
![ONDC clocks record 8.9 mn deals in May ONDC clocks record 8.9 mn deals in May](https://www.bizzbuzz.news/h-upload/2024/06/03/1911120-ondc.webp)
New Delhi: The government-run Open Network for Digital Commerce (ONDC) on Monday said it recorded an all-time high of 8.9 million transactions across retail and ride-hailing segments in May.This represented a robust 23 per cent month-on-month increase in total transaction volume, the ONDC said in a statement.
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.
“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,” said the network.
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.