Ocado (LON:OCDO) is reporting its interims on 9 July and there should be news of the new retail joint venture and progress with generating revenues from the company’s software and technology.
Ocado is moving from being an online food retailer to being a technology-focused business. This technology focus started more than one year ago, but it is becoming even more true. Shareholders agreed to the new 50/50 joint venture with Marks & Spencer at a general meeting back in May.
Marks & Spencer is paying a total of £750m for its 50% stake in Ocado.com. It is still early days but ther...
