OCDO.L is trading 7% up at £223.00 after announcing a major partnership with Asda to power the supermarket’s online grocery operations via the Ocado Smart Platform.
- The deal will replace Asda’s existing e-commerce infrastructure, with a full rollout scheduled to begin in early 2027.
- Investors view the contract as a significant milestone that supports Ocado’s strategic path toward achieving positive cash flow by 2026.