JD.com's 11.11: JD Food Delivery Surpasses 25 Million Daily Orders with Over 2 Million Merchants
Deep News
Nov 11
On November 11, JD.com announced during its 11.11 media open day that its food delivery service, officially launched in March this year, has exceeded 25 million daily orders. The platform has onboarded over 2 million merchants and employs more than 150,000 full-time delivery riders.
Additionally, 7FRESH Kitchen, which opened in July, achieved a three-day repurchase rate three times higher than the industry average. The service also boosted order volumes for quality restaurants within a 3-kilometer radius by over 12%.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.