Ocado to Build Robot Warehouses in Japan

  • Online grocer sees $9.1 billion capacity for Aeon partnership
  • Ocado shares surge as much as 15% on latest overseas tech deal
Ocado’s highly automated warehouse in Erith, U.K.Source: Ocado
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Ocado Group Plc got one of its biggest contracts yet to set up robotic warehouses for online grocery sales with Japanese retailer Aeon Co., expanding the U.K. company’s reach into Asia.