Ocado shares jump as it narrows losses and boosts technology business

Earnings from technology arm, which offers robotics to sellers, climbed up by almost 22% in 6 months to June

Shares in Ocado leapt by as long as 18% after the UK online grocer reported tightening losses and elevated its yearly support for its modern technology arm, which offers storehouse robotics to various other sellers around the globe.

Modern technology earnings climbed up by almost 22% year on year in the 6 months to 2 June, while retail earnings were additionally up by 11%. Ocado offers grocery stores in the UK with its joint endeavor with Marks & Spencer and was the fastest-growing grocer for the fifth month straight based upon current sales numbers, according to the information analytics business Kantar.

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发布者:Julia Kollewe,转转请注明出处:https://robotalks.cn/ocado-shares-jump-as-it-narrows-losses-and-boosts-technology-business/

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