The deal will see Ocado and Lotte develop a network of robotic warehouses, or Customer Fulfilment Centres as Ocado calls them, across the South Korean market, said the companies on Tuesday.
(Reporting by James Davey; editing by Sarah Young)
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5-day change | 1st Jan Change | ||
66,900 KRW | +3.72% | -0.59% | -10.80% |
Mar. 11 | Lotte Shopping Subsidiary Lotte Home Shopping Expands with Overseas Brand Imports | MT |
Feb. 09 | Lotte Shopping Narrows Q4 Net Loss | MT |
LONDON (Reuters) - Ocado, the British online supermarket and technology group, has agreed a partnership deal with South Korea's Lotte Shopping, its first in that country.
The deal will see Ocado and Lotte develop a network of robotic warehouses, or Customer Fulfilment Centres as Ocado calls them, across the South Korean market, said the companies on Tuesday.
(Reporting by James Davey; editing by Sarah Young)
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