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Ocado shares rise 44% on news of Kroger tech deal

Ocado delivery vanImage copyright Newscast

Shares in online grocer Ocado have surged by 44% after it struck a deal with US retail giant Kroger.

Ocado’s technology will be used in the US exclusively by Kroger, which is one of the world’s biggest grocery chains with annual sales of $ 122bn (£90bn).

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BBC News – Technology

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