Ocado

Ocado Retail Drives eGrocery Adoption as Digital Channels Gain Share
Ocado Retail Drives eGrocery Adoption as Digital Channels Gain Share
January 16, 2024  |  Earnings

With online grocery eating away at brick-and-mortar players’ market share, Ocado Retail is seeing its revenue rise. The joint venture between British grocery technology company...

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European eGrocer Picnic Raises $380M+ Amid Industry’s Digital Transformation
European eGrocer Picnic Raises $380M+ Amid Industry’s Digital Transformation
January 10, 2024  |  Investments

Around the world, grocery is increasingly shifting into the digital sphere, and investors are taking note. Dutch online grocer Picnic Technologies raised 350 million euros...

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Ocado Doubles Down on Robotics as Grocery Delivery Competition Heats Up
Ocado Doubles Down on Robotics as Grocery Delivery Competition Heats Up
December 11, 2023  |  eCommerce

As grocers look to drive digital sales while protecting their margins, Ocado is reportedly adding more robotic arms in an effort to boost fulfillment efficiency....

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Grocers Push for Direct Fulfillment Amid Industry’s Digitization
Grocers Push for Direct Fulfillment Amid Industry’s Digitization
October 05, 2023  |  eCommerce

This week in grocery news, Ahold Delhaize USA grocers adopt new direct ordering apps, Ocado reportedly doubles down on automation, and online discount grocer Martie...

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CE 100 Index Gains 0.4% as Roblox Drives Fun Pillar Higher
CE 100 Index Gains 0.4% as Roblox Drives Fun Pillar Higher
October 02, 2023  |  Connected Economy

The third quarter’s over.  And after a week that saw the CE 100 Index gain 0.4%, the year-to-date gains stand at about 19.4% — significant...

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CE 100 Index Gains 1.3% as Ocado’s Surge Offset by LendingClub, Snap Declines
CE 100 Index Gains 1.3% as Ocado’s Surge Offset by LendingClub, Snap Declines
July 31, 2023  |  Connected Economy

Earnings season is now in full swing, dominating headlines, moving stocks in our ConnectedEconomy™ 100 Index up double-digit percentage points — and to the downside,...

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Ocado CEO: U.S. Lags Behind Other Countries on eGrocery Profitability
Ocado CEO: U.S. Lags Behind Other Countries on eGrocery Profitability
July 20, 2023  |  Retail

As United States grocers look to seize on the digital shift, they may need to update their infrastructure to make eCommerce worth its while in...

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CE 100 Index Loses 2.8% as iRobot and AI Names Slide
CE 100 Index Loses 2.8% as iRobot and AI Names Slide
June 26, 2023  |  Connected Economy

Rumors of deal-making in the online grocery space were not enough to offset declines in shares tied to volatile sectors — including AI.  As a...

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Rumored Bids for Ocado Underscore Digital Shift in Grocery Segment
Rumored Bids for Ocado Underscore Digital Shift in Grocery Segment
June 22, 2023  |  Acquisitions

Deal making spotlights the inroads digital technologies are poised to make in the grocery space. U.K.-based online grocery firm Ocado has reportedly been attracting interest from several...

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