ONDC records 8.9 million transactions, a 23% increase in May, with 5 million retail orders and over 5.35 million sellers.
The Open Network for Digital Commerce (ONDC) reported a record-breaking 8.9 million transactions across retail and ride-hailing segments in May, a 23% increase from the previous month. Retail orders reached 5 million, up from 3.59 million in April. ONDC now has over 5.35 million sellers, with 84% being small sellers who contribute 56% of the total orders. The network aims to achieve a gross merchandise value of $48 billion in the next couple of years.
June 03, 2024
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