About Ocado Group PLC
Ocado Group is a British online grocer and software company which has invested in artificial intelligence (AI), such as robotics and automation systems, enabling online grocery delivery for multiple retailers and partners around the world. The company was founded in 2000 and has headquarters in Hatfield, Hertfordshire. It uses robot-operated systems for product picking in warehouses, and these orders are then shipped to customers that shop with brands including Morrisons in the UK, Alcampo in Spain, Coles in Australia, Kroger in the US, and AEON in Japan. Ocado aims to reduce manual labour by incorporating AI into its services, which in turn helps to reduce operating costs and improves efficiency. Ocado stock is listed on the London Stock Exchange and a constituent of the FTSE 100 index. Start spread betting or trading CFDs on our Ocado share price.
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