Lalamove announced the second batch of algorithm transparency measures: it is expected to reduce commission fees by a total of 230 million yuan by 2025
Following the first public disclosure of its algorithms in March this year, the digital freight platform Lalamove today announced the second batch of algorithm disclosure measures. According to reporters on-site, the specific content of this algorithm disclosure includes: dynamic evaluation algorithms and rules for the platform, further enhancing the fairness of order distribution; optimizing the automatic commission reduction algorithm, and continuously promoting measures to reduce costs and burdens for drivers, among other content. Lalamove stated that it has recently continued to optimize the "driver autonomy, proximity priority" order distribution model, maximizing the reduction of the impact of other factors, with the proportion of orders prioritized based on distance increasing from 90% to 93%. Lalamove also announced that it will continue to launch driver commission reduction products, expecting to reduce commissions by a total of 230 million yuan by 2025. In addition, the platform will increase order subsidies, with an expected annual investment of nearly 70 million yuan to enhance driver income
