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0.039
1.62%
Last update Dec 15, 8:05 AM CET
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Ocado Group plc
2.45
0.04
1.62%

Overview

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Description

Ocado Group plc is a publicly listed technology-driven company specializing in revolutionizing online grocery fulfillment and logistics. Initially established in 2000, Ocado pioneered online grocery shopping in the UK and has since developed into a global leader in both retail and technology services. Its primary businesses comprise three segments: logistics, retail, and technology solutions. Through its logistics arm, Ocado operates advanced automated fulfillment centers and provides third-party logistics services. The group’s proprietary Ocado Smart Platform is utilized by leading grocery retailers worldwide to enable efficient, data-driven e-commerce operations. Domestically, Ocado Retail—a joint venture with Marks & Spencer—serves over 80% of UK households as a dedicated online grocer. Internationally, Ocado licenses its technology to retailers in markets including the US, Canada, France, Australia, and Saudi Arabia, supporting both grocery and non-grocery sectors. Ocado’s significance in the financial market stems from its dual role as an operator and an innovator, providing not only products and services to end consumers but also sophisticated solutions that enable digital transformation for global retail partners.

About

CEO
Mr. Timothy Steiner O.B.E.
Employees
20261
Address
Buildings One and Two, Trident Place
Hatfield Business Park Mosquito Way
Hatfield, AL10 9UL
Phone
44 170 7227800
Website
Instrument type
Common stock
Sector
Consumer Defensive
Industry
Grocery Stores
Country
Germany
MIC code
XBER
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