Ocado raises £1bn following growth of online grocery

Date : 11 June 2020

Rachel Sibson

Retail Analyst

In response to the growing demand for online grocery shopping, Ocado has raised £1bn from investors.  Increase capacity and improve the Ocado Smart Platform Ocado has raised £650m through new shares, with an additional £350m in convertible bonds. The retailer said the COVID-19 pandemic has…
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