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Ocado seeks new American investment after supermarket warehouse closures
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NEWSDECK ANALYSIS
Ocado is a UK-based company that provides retail technology solutions, including automated warehouse systems, to supermarkets and other retailers. The company's technology is used to manage and fulfil online grocery orders, and it has partnered with several major supermarkets in the UK and internationally. Ocado's search for new investment in the US may be an attempt to expand its presence in the American market and offset any losses resulting from recent warehouse closures.
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Independent Tech
Ocado seeks new American investment after supermarket warehouse closures
The London-listed retail technology firm said it has had ‘live engagement’ with potential partners in the US.
16 Jul, 09:23
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