CNBC AI News – June 1st: JD.com’s food delivery arm is celebrating its inaugural 618 shopping festival this year, a significant milestone reflecting rapid growth in a fiercely competitive market. Backed by a massive network of over 100,000 full-time and part-time delivery riders, the platform is servicing customers across 350 cities.
JD.com reported that their daily order volume has now surpassed a remarkable 25 million, a testament to the robust ecosystem supporting the service. This impressive figure is driven by the participation of over 1.5 million premium restaurant partners, forging a strong collaboration that illustrates mutual success.
These merchants are experiencing healthy growth in order volume and profitability through their presence on the JD.com food delivery platform, proving to be a game changer.
JD.com’s food delivery service, launched just three months ago, has rapidly distinguished itself with the implementation of stringent operational protocols. They include video verification, on-site inspections, and user feedback systems, all aimed at establishing the highest standards in the industry.
These measures have bolstered the platform’s overall quality and underscore the importance of upholding robust standards. In fact, the approval rate for new restaurant partners currently stands at a rigorous 40%, demonstrating the platform’s commitment to food safety and building consumer trust.
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