ONLINE grocery firm
The companies said they had signed a memorandum of understanding to create a joint venture to provide logistics services for grocery retailers in
There was growing momentum for "compelling, affordable and efficient grocery ecommerce propositions," Steiner added.
The deal between
The deal will mean Ocado's robotic fulfilment solutions will be introduced to aid the operation of autonomous warehouses in
Shares in the
It comes after shares sunk earlier this month - despite a 7.2 per cent rise in revenue to £2.5bn - when the group warned its profit may be undermined by its international growth.
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