UK's Ocado surges on ecommerce partnership with Asda
29/05/2026 08:35
BUZZ-UK's Ocado surges on ecommerce partnership with Asda ** Shares of British technology group Ocado OCDO.L up as much as 13% at 235.3p - top gainer on the FTMC midcap index .FTMC
** Agrees to enter a partnership to develop with Asda to develop the supermarket group's online business across the UK and help it reverse a loss of market share
** YTD the stock is down ~4%
(Reporting by Neeshita Beura in Bengaluru)