RE: Why invest now in Ocado?21 Apr 2020 08:45
The question with online grocery shopping is basically the same one that Amazon answered when it was just selling books - how big can this get?
Anyone can sell goods from their shop by picking them up off the shelf - putting them in box and delivering them - the corner grocer has been doing that for years - remember Granville on his bike in Open all Hours.
However, not ever one can build a bloody great big warehouse stuffed full off robots and a cost effective logistics network - which brings us back to the question that Amazon asked - how big can it get?
Ocado had just 1.4% of the UK grocery market in August 2019 - how big can it get???