2017-08-09

Online Grocer Ocado Does It Better Than Amazon + Whole Foods? (video)

Tim Steiner, CEO of OCADO explains why Ocado does better than Amazon

Video above published Mar 29, 2016: At E-Commerce One-to-One Monaco, Tim Steiner, the co-founder of Ocado, a world leader in online groceries, talks customer service, robots and logistics.

Ocado Group PLC, or just "Ocado," is a British online supermarket. In contrast to its main competitors, the company has no chain of stores and does all home deliveries from its warehouses. Ocado is the world’s largest online-only grocery retailer. Customers place orders online and then Ocado picks and packs them in huge automated warehouses, the largest of their kind in the world, before delivering them to customers’ kitchen tables in one hour delivery slots. Ocado has been voted the best online supermarket in the UK by Which? 
  • Principal domain: ocado.com (ocado.co.uk redirects to ocado.com)
  • Headquarters: Hatfield, United Kingdom; Founded: April 2000
  • Revenue: 1.271 billion GBP (2016)
Ocado | Google Cloud Platform | cloud.google.com: "... Ocado migrated nearly all of its business information — currently more than 100TB of data — to Google Cloud Platform in order to knock down silos and enable advanced data analytics which in turn could improve customer service, empower its supply chain, speed decision-making and reduce costs."

The company's shares started trading on the London Stock Exchange on 21 July 2010 and Ocado is currently a member of the FTSE 250 Index.

Stock exchange: symbol  |  LON: OCDO
 OCDO

Note: 301.20GBX=US$3.93 (Aug 8, 2017)

Twitter: @Ocado


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