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Ocado Group

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Company Description

Ocado Group is a UK based technology company admitted to trading on the London Stock Exchange. It provides end-to-end online grocery fulfillment solutions to some of the world's largest grocery retailers and holds a 50% share of Ocado Retail Ltd in the UK in a Joint Venture with Marks & Spencer.

Ocado was incorporated in 1999 and is based in Hatfield, the United Kingdom. It has spent two decades innovating for grocery online, investing in a wide technology estate that includes robotics, AI & machine learning, simulation, forecasting, and edge intelligence.

Ocado Group operates as an online grocery retailer. The company offers fruits and nuts, wine, vegetables, grocery and household items, milk, eggs, and fish and seafood. It also provides meals, desserts, drinks, cupboards, gifts, household products, flowers, toiletries, pet care products, and child and baby products. The company was formerly knownas L. M. Solutions (UK) Limited and changed its name to Ocado in May 2001.

The Company's brands include Ocado, Ocado Smart Platform, Sizzle, Fetch and Fabled. Sizzle is a kitchen and dining store. The Company's Ocado Smart Platform is a solution for operating online retail businesses.

The Company's principal activities are grocery retailing and the development and monetization of Intellectual Property (IP) and technology used for the online retailing, logistics and distribution of grocery and consumer goods, derived from the United Kingdom.

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