Ocado Group

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Ocado Group (LSE: OCDO) is a British online retailer for groceries and general merchandise. The company has been listed on the London Stock Exchange since 2010. Ocado owns a 50% stake in Ocado.com (jointly owned by Marks & Spencer), which had ~940,000 customers making 357,000—377,000 orders per week in 2022. The company generated a total revenue of GBP 2.5 billion (USD 3.1 billion) in 2022 (year ending November 27). 

Ocado’s three operating segments are Retail, UK Solutions & Logistics, and International Solutions. The Retail segment (~70% of total revenue in 2022) provides online grocery and general merchandise retailing within the UK. The UK Solutions & Logistics segment (~25%) provides an IT platform, customer fulfillment centers (CFCs), and logistics for UK-based customers (Wm Morrison Supermarkets Limited and Ocado Retail Limited). The International Solutions segment (~5%) provides end-to-end online retail solutions to corporate customers outside the UK via the Ocado Smart Platform (OSP).

The UK accounted for ~94% of Ocado’s total revenue in 2022. Ocado is committed to reach the net-zero status in its operations by 2035 and across its value chain by 2040.

HQ Location:
Buildings 1 & 2 Trident Place, Hatfield Business Park Mosquito Way Hatfield GBR
Founded year:
2000
Employees:
10,000+
Logistics Tech
Logistics Tech
Last-mile Delivery Automation
Last-mile Delivery Automation
Retail Industry Robots
Retail Industry Robots
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