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Pin to quick picksOcado Share News (OCDO)

Share Price Information for Ocado (OCDO)

London Stock Exchange
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Share Price: 305.50
Bid: 304.90
Ask: 305.20
Change: 4.90 (1.63%)
Spread: 0.30 (0.098%)
Open: 304.90
High: 309.80
Low: 302.60
Prev. Close: 300.60
OCDO Live PriceLast checked at -

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Ocado launches first robotic warehouse in Asia with Aeon

Mon, 10th Jul 2023 08:24

LONDON, July 10 (Reuters) - British online supermarket and technology group Ocado said on Monday its first robotic warehouse in Asia, built for Japanese partner Aeon , has gone live.

The warehouse, or customer fulfilment centre (CFC) as Ocado calls them, has begun taking orders from customers across the Kanto region for Aeon's "Green Beans" brand.

Ocado signed up Aeon as a partner in 2019 in a deal that anticipated the Japanese group would have an online grocery sales capacity of about 600 billion yen ($4.21 billion) by 2030 and 1 trillion yen by 2035.

Ocado said Aeon's second CFC in Japan will be based in Hachioji, Tokyo, with more to follow.

“Grocery spend in Asia is set to outstrip every other region of the globe over the next decade, and online remains the fastest growing channel in grocery across APAC," Ocado CEO Tim Steiner said.

Ocado shares are down 34% over the last year but they surged as much as 47% on June 22 after the Times newspaper reported possible takeover interest from Amazon.com. ($1 = 142.4600 yen) (Reporting by James Davey, Editing by Kylie MacLellan)

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2 Jul 2024 14:19

M&S 'not unhappy' with Ocado Retail, says chairman

LONDON, July 2 (Reuters) - British retailer Marks & Spencer is "not unhappy" with the current performance of Ocado Retail, its online supermarket joint venture with Ocado Group, M&S chairman Archie Norman told investors on Tuesday.

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2 Jul 2024 10:24

British PM Sunak hunts for votes among the robots at dawn

LUTON, England, July 2 (Reuters) - Badly lagging in the race to win Britain's election, Prime Minister Rishi Sunak went hunting for votes among robots and staff in a retail distribution centre on Tuesday, kicking off his first campaign stop of the day before 5 a.m. (0400 GMT).

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2 Jul 2024 08:04

UK's Sunak hunts for votes among the robots, at 4:50 a.m.

LUTON, England, July 2 (Reuters) - Badly lagging in the race to win Britain's election, Prime Minister Rishi Sunak went hunting for votes among whirling robots in a retail distribution centre on Tuesday, kicking off his first campaign stop of the day before 5 a.m. (0400 GMT).

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28 Jun 2024 09:37

LONDON BROKER RATINGS: Goldman Sachs ups Intertek; Safestore cut

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday:

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27 Jun 2024 08:00

UK grocery sales growth slows in June as wet weather weighs, says NIQ

UK supermarket sales up 1.1% in 4 weeks to June 15 -NIQ

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25 Jun 2024 17:08

FTSE 100 slides as investors wary ahead of data and election

FTSE 100 down 0.4%, FTSE 250 off 1%

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25 Jun 2024 15:54

London close: Stocks finish lower after Airbus profit warning

(Sharecast News) - London stocks ended Tuesday in negative territory, influenced by significant losses in key sectors following a profit warning from Airbus.

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25 Jun 2024 09:49

LONDON BROKER RATINGS: HSBC likes Raspberry Pi; UBS cuts 3i Group

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday:

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21 Jun 2024 16:17

London close: Stocks fall as UK service sector slows

(Sharecast News) - London stocks ended the week on a negative note after data revealed an unexpected slowdown in the UK service sector's growth for June.

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20 Jun 2024 17:04

LONDON MARKET CLOSE: European markets rise as BoE leaves rates

(Alliance News) - Stock prices in London closed mostly higher on Thursday after the Bank of England left its interest rates unchanged, a day after inflation cooled to the central bank's target.

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20 Jun 2024 16:16

London close: Stocks rise as BoE holds interest rates

(Sharecast News) - London stocks ended Thursday on a positive note following the Bank of England's decision to maintain interest rates, aligning with market expectations despite the backdrop of decreasing inflation.

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20 Jun 2024 15:25

Ocado's shares hit as Canadian partner Sobeys pauses warehouse opening

Sobeys won't open robotic warehouse in Vancouver in 2025

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20 Jun 2024 12:44

Ocado tanks as Canadian partner Sobeys pauses go-live of Vancouver CFC

(Sharecast News) - Ocado tumbled on Thursday as it said the planned launch of North American partner Sobeys' customer fulfilment centre in Vancouver had been paused and that the two have agreed to end terms related to mutual exclusivity.

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20 Jun 2024 12:36

Ocado and Sobeys pause go-live, plans to focus on existing network

(Alliance News) - Ocado Group PLC shares dropped on Thursday as the firm said it will, alongside Sobeys Inc, focus their joint resources into driving order and sales volumes across the current network instead of proceeding with plans for a new 'fulfilment centre'.

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18 Jun 2024 16:33

London close: Stocks manage a positive finish

(Sharecast News) - London stocks closed on a high note on Tuesday, buoyed by strong performances from key sectors and a notable rise in Whitbread shares following positive first-quarter results.

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