If you would like to ask our webinar guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them here.

Less Ads, More Data, More Tools Register for FREE
Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO
Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPOView Video
Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant
Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plantView Video

Latest Share Chat

Pin to quick picksOcado Share News (OCDO)

Share Price Information for Ocado (OCDO)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 353.80
Bid: 351.50
Ask: 352.50
Change: 7.90 (2.28%)
Spread: 1.00 (0.284%)
Open: 349.10
High: 355.50
Low: 343.00
Prev. Close: 345.90
OCDO Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 1-Amazon steps up competition in UK online grocery sales with faster, free delivery

Tue, 28th Jul 2020 13:23

(Adds details on service, background)

July 28 (Reuters) - Amazon will begin free and
same-day deliveries of groceries in London for its 'Prime'
members from Tuesday, as it looks to cash in on fast-growing
demand for buying essentials online, a trend that has been
boosted by the coronavirus lockdown.

Customers with a 'Prime' subscription can order meat,
produce, snacks and other household essentials from Amazon UK's
'Fresh' service in two-hour windows for orders above 40 pounds
($52), the e-commerce giant said https://amazonuk.gcs-web.com/news-releases/news-release-details/fast-grocery-delivery-now-free-prime-starting-today-london.
Orders made before 9 p.m. will be delivered the same day in
most areas, it said.

It said it has lowered the minimum order value for Prime
customers to 15 pounds, from 40 pounds, and it aims to roll out
free, same-day delivery to Prime customers across the United
Kingdom by the end of the year.

The lockdown has led to changing consumer behaviour as
people shun supermarket trips, with nearly one in five British
households now buying over the internet, market researcher
Kantar said last month.

Industry data shows that grocery sales in Britain rose 14.6%
in the four weeks to July 12 compared with last year, though
growth was slower than previous weeks as restrictions to contain
the coronavirus were eased.

Internet supermarket group Ocado forecast earlier
this month that online grocery shopping will double its share of
the UK market over the new few years, building on a huge
increase during the lockdown.

Amazon has been tapping into this sector since 2016, when it
first launched its 'Fresh' service, although it has been selling
food and drinks since the launch of its grocery store in 2010.

Last year the U.S. company extended its partnership with
Morrisons which allowed customers to order from the UK
supermarket chain and have it delivered by Amazon. It is unclear
how the new plan affects this collaboration.

The new service applies to around 300 postcodes across
Greater London and the South East of England.

Amazon's move had been flagged by trade press in April.
($1 = 0.7765 pounds)

(Reporting by Pushkala Aripaka and Tanishaa Nadkar in
Bengaluru; Editing by Krishna Chandra Eluri and Susan Fenton)

More News
4 Apr 2024 07:43

LONDON BRIEFING: Vodafone-Three deal faces deeper UK probe

(Alliance News) - London's FTSE 100 is called to open higher on Thursday, despite remarks from Federal Reserve Chair Jerome Powell failing to soothe lingering interest rate worries.

Read more
2 Apr 2024 15:22

London close: Stocks turn red on return from Easter break

(Sharecast News) - UK stocks experienced a downturn by the end of trading on Tuesday, as investors resumed activity following the extended weekend, with initial gains reversed by the close ahead of a week marked by a number of key economic data releases.

Read more
27 Mar 2024 09:40

LONDON BROKER RATINGS: Sainsbury's, Petershill Partners upped to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

Read more
26 Mar 2024 17:20

European shares end higher on financials boost; Rubis shimmers

Flutter rises on upbeat forecast

*

Read more
26 Mar 2024 17:06

London close: Stocks rise as US consumer confidence remains stable

(Sharecast News) - London markets closed in positive territory on Tuesday, buoyed by a stable US consumer confidence report and anticipation for upcoming inflation data.

Read more
26 Mar 2024 17:05

UK's FTSE 100 edges higher as retailers stocks climb

Petershill Partners up on mulling share buyback plan

*

Read more
26 Mar 2024 16:59

LONDON MARKET CLOSE: FTSE 100 closes higher on busy corporate day

(Alliance News) - Stock prices in London closed higher on Tuesday, as investors are waiting to see a key inflation reading from the US on Friday.

Read more
26 Mar 2024 12:02

LONDON MARKET MIDDAY: FTSE 100 flat amid China-West tension

(Alliance News) - The FTSE 100 recovered slightly from a tricky morning on Tuesday to trade flat heading into the afternoon, though simmering global tensions have kept a lid on its progress in the early part of the week.

Read more
26 Mar 2024 11:04

Ocado Retail sales rise as sharper prices win customers

Q1 revenue up 10.6%

*

Read more
26 Mar 2024 09:29

Ocado, M&S still talking over final Ocado Retail payment, says jv CEO

LONDON, March 26 (Reuters) -

Read more
26 Mar 2024 09:09

TOP NEWS: Ocado Retail backs outlook after strong start to 2024

(Alliance News) - Ocado Retail Ltd on Tuesday said sales had grown strongly at the start of 2024 boosted by a broader product range and price cuts.

Read more
26 Mar 2024 08:58

LONDON MARKET OPEN: Stocks continue slow-down amid global tensions

(Alliance News) - Stock prices in London opened lower on Tuesday as a slow start to the week continues, with investors having simmering global tensions to be mindful of.

Read more
26 Mar 2024 08:48

Ocado, M&S still talking over final payment for Ocado Retail JV-CEO

LONDON, March 26 (Reuters) - Conversations between Ocado and Marks & Spencer over the final payment for the pair's Ocado Retail joint venture are ongoing, said Ocado Retail's chief executive Hannah Gibson. (Reporting by James Davey; Editing by Kate Holton)

Read more
26 Mar 2024 08:41

TOP NEWS: Grocery inflation hits 2-year low while sales get Easter boost

(Alliance News) - Grocery price inflation eased further in March, while early Easter treats gave sales a boost, new data showed on Tuesday.

Read more
26 Mar 2024 08:00

British grocery price inflation slows to 4.5%, Kantar says

*
UK grocery inflation at lowest level since Feb. 2022 -Kantar

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account