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Ocado is the world’s largest dedicated online grocery retailer with over 580,000 active customers.
Headquartered in Hatfield, U.K., and founded in 2000, Ocado has been listed on the London Stock Exchange since July 2010 and is a member of the FTSE 100 index with a market capitalisation of £5.9 billion as of 1 November 2018.
Ocado's objective is to provide, at a low operating cost, their customers with the best proposition in online grocery shopping. They have developed a unique end-to-end operating solution for online grocery retail based on proprietary technology and IP, suitable for operating their own business and those of their commercial partners which include Morrisons (UK), ICA (Sweden), Groupe Casino (France), Sobeys (Canada) and Kroger (US).
Please note as a WiseAlpha member you are not lending directly to the corporate borrower. Instead, you are investing in a Participation Note, or “Note” (fractions of corporate bonds). Each Note is backed by a specific bond.