Ocado to Power Asda’s Online Operations, Shares Jump Over 12%
Ocado Group said it has agreed a partnership with Asda to provide the Ocado Smart Platform for the supermarket’s ecommerce operations, prompting a more than 12% rise in Ocado shares. The deal covers Asda’s front-end webshop, in-store fulfilment, last-mile planning and delivery integration with third-party aggregators, with rollout beginning in 2027…