Back
News

Ocado signs South Korea robot warehouse deal

Ocado has signed a deal to provide its robot warehouse technology to a major South Korean retailer.

Under the agreement Ocado will develop six automated warehouses for Lotte Shopping, which has plans to be the country’s leading food retailer.

The news led to a near 40% jump in Ocado’s share price.

The Times (£)
The FT (£)
The Guardian

Up next…