Ocado, the UK-based online supermarket, will set up an office in the Washington DC area of the United States. The company’s office announced that Ocado Solutions will set up for the technology business.

Ocado said he would be in the interim office in Virginia until the office moved to his new office in Washington.

Last year, Ocado signed major technology partnership agreements with Kroger in the US and Sobeys in Canada. Thanks to the Kroger agreement, 20 distribution centers – or Customer Satisfaction Centers will be launched.

“We selected the DC area for its great connections to cities across the U.S. and Canada, as well as for its strong technology and engineering talent pools,” said Luke Jensen, the CEO of Ocado Solutions.

Last month, Ocado sold half the shares to Marks and Sprencer in the British retail business for 750 million liras.

Ocado increased by 94 percent compared to the previous year, up 1 percent to 1153 GMT, increasing its business to 7.84 billion liras ($ 10.4 billion), rising to 1.134.3 percent.

Ocado was founded in England 16 years ago. In July 2010 it was listed on the London Stock Exchange. Ocado currently has more than 580,000 active customers.

Source: reuters

Sevdenur Demir / sevdenurdemir@realestatecoulisse.com