Ocado Launches Advanced Grocery Hubs in Australia
Company Announcements

Ocado Launches Advanced Grocery Hubs in Australia

Ocado Group (GB:OCDO) has released an update.

Ocado Group PLC has partnered with Coles Group to commence operations of two state-of-the-art Customer Fulfilment Centres (CFCs) in Melbourne and Sydney, Australia. These CFCs, powered by the Ocado Smart Platform, aim to revolutionize the online grocery market with improved customer service, product freshness, and delivery efficiency. Ocado now operates 25 CFCs globally, reinforcing its position as a leader in grocery ecommerce innovation.

For further insights into GB:OCDO stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskOcado Group Projects Strong Revenue Growth
TipRanks UK Auto-Generated NewsdeskOcado Executives Invest in Share Incentive Plan
TipRanks UK Auto-Generated NewsdeskOcado Group PLC Announces Voting Rights Total
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App