The British online supermarket Ocado posted retail revenue up by 11.4% to €438 million, an acceleration of growth after a 9.7% rise during the first half of 2019. Ocado was helped by rising orders (+12% to 314,000 per week) and additional capacity from its 4th automated warehouse, offering a wider range of delivery times. The value of orders fell by 0.8% to €119.
Ocado has a 1.4% share of Britain’s grocery market, but the warehouse technology powered a €10.8 billion stock market valu
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