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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69,700 KRW | 0.00% | +2.20% | -7.07% |
04-25 | South Korea's Lotte sells China theme park project for $326 mln, reports MoneyToday | RE |
03-11 | Lotte Shopping Subsidiary Lotte Home Shopping Expands with Overseas Brand Imports | 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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