Subscribe / Unsubscribe Enewsletters | Login | Register

Pencil Banner

Ocado preps IT platform for international expansion

Anh Nguyen | July 2, 2014
Ocado is focusing moving its IT systems to the cloud to enable international expansion, the retailer revealed as it reported a growth in revenue and profit for the first half of 2014.

It delivers an average of over 161,000 order a week, up from 139,000, and over 45 percent of all orders delivered now check out over a mobile device, and mobile apps account for over 35 percent of all checkouts. It plans to launch a mobile version of its website in the next few months.

It said that a customer's average basket standing at £114.43, slightly less than the £114.90 last year.

Despite this, Ocado reported a 21 percent increase in revenue to £429.7 million in the 24 weeks ended 18 May 2014, up from £355.9 million in the same period in 2013. Its pre-tax profit was £7.5 million, up from a loss of £1 million last year.

 

Previous Page  1  2 

Sign up for CIO Asia eNewsletters.