Article 3F7EB UK web grocer Ocado takes £500k hit after robo-warehouse tech splurge

UK web grocer Ocado takes £500k hit after robo-warehouse tech splurge

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from The Register on (#3F7EB)
Story Image36m sunk on developing proprietary software

Middle-class Brit online supermarket nirvana Ocado posted losses of 500,000 for 2017, down from 12m profit the previous year - largely thanks to its "transformation" into a technology provider flogging robot-operated warehouses."

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