Investegate |Ocado Group PLC Announcements | Ocado Group PLC: Director/PDMR Shareholding
Investegate announcements from Ocado Group PLC, Director/PDMR Shareholding
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Investegate announcements from Ocado Group PLC, Director/PDMR Shareholding
The online retailer-cum-technology stock's slump left many City observers scratching their heads with analysts putting it down to profit taking after the rally.
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Lotte Shopping has signed a partnership contract with British-based global retail tech company, Ocado, to become a top online grocery mall here, the company said Tuesday. The company will invest 1 trillion won ($705.06 million) in “smart logistics” specializing in fresh food by 2030 to take a lead in the domestic online grocery market that is valued at about 135 trillion won. Under the deal, Lotte Shopping will be able to bring in and adopt the Ocado Smart Platform (OSP) to all of its e-commerce sector operations. OSP is a tech solution that encompasses the entire process of shopping for f...