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E-commerce: Ocado looks to raise £1 billion through shares

E-commerce: Ocado looks to raise £1 billion through shares

Due to the “significantly accelerated” worldwide demand for online groceries as a result of the coronavirus crisis, grocery giant Ocado has announced that it plans to raise a total of over £1 billion in shares and convertible bonds. Ocado has said that it will use...
E-commerce: Ocado opens first fulfilment centre in Canada

E-commerce: Ocado opens first fulfilment centre in Canada

UK online supermarket giant Ocado has launched a ‘customer fulfilment centre’ in Canada, in which it will process orders on behalf of popular Canadian supermarket Sobeys. This is the second international fulfilment centre Ocado has opened this year, after it opened...
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