Date | Title | Description |
07.05.2024 | UK AI startup Wayve raises $1.05B from SoftBank Group, NVIDIA, Microsoft to accelerate autonomous mobility | Read this article in:
London-based Wayve, a developer of Embodied AI technology for automated driving, announced on Monday, May 6, that it has secured over $1.05B in a Series C investment round led by SoftBank Group, with participation from... |
15.01.2024 | Jabil Expands Digital Commerce Capabilities at Center of Manufacturing Excellence in Chihuahua, Mexico | Jabil’s Retail Industry Leadership Reinforced by Expanded Manufacturing in North America, Ongoing Investment in Digitalization, and Continuous Collaboration with Retail Technology Disruptors
Jabil Inc announced enhanced digital commerce cap... |
20.07.2023 | Ocado mentions international ambitions in profit figures | Ocado has returned to profitability on a group level. The British online supermarket and solutions provider reported a gross profit (EBITDA) of 16.6 million pounds for the first half of this year. According to CEO Tim Steiner, Ocado demonst... |
05.05.2023 | Shopify soars 28% on strong earnings and sale of logistics unit, plans to slash headcount | Shopify shares rose as much as 28% Thursday after reporting a profit and announcing the sale of its logistics business.
It also announced that it will reduce headcount at the company by 20%.
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Shopify stock surged 28% on Thursda... |
04.05.2023 | Shopify is cutting 20% of staff and selling the logistics arm of its business | Shopify CEO Tobi Lütke announced the company is laying off 20% of staff. David Fitzgerald/Sportsfile via Getty Images
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Shopify announced Thursday that it was cutting 20% of staff and selling off its logistics business.
Over the la... |
04.05.2023 | Shopify is cutting 20% of staff and selling the logistics arm of its business | Shopify announced Thursday that it was cutting 20% of staff and selling off its logistics business.
Over the last few days, impending layoffs have created a culture of fear among employees.
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Shopify CEO Tobi Lütke announced Thu... |
19.02.2023 | Warehouse Automation Helps With Efficient Inventory Management
| As we look into the crystal ball of warehouse inventory management, one thing is clear: the future lies in warehouse automation. Statistic says there will be around 50,000 robotic warehouses by 2025, with over four million robots. According... |
06.12.2022 | Online grocer Oda raises €150m but loses its unicorn valuation | Norwegian online grocery store Oda (previously Kolonial) is today announcing a €150m funding round at a post-money valuation of €350m — less than half of what it was valued at in 2021.
The company launched its online grocery service in Norw... |
01.11.2022 | Ocado Group Shares Soar 33% As It Announces South Korea Tie-Up | Photo by Mike Kemp/In Pictures via Getty ImagesIn Pictures via Getty Images |
30.06.2022 | 20+ M&A Deals from Southeast Europe in 2022 So Far | Athens, Bucharest, Sofia, Bulgaria, Greece, Romania ~
Company:
We’re at the 2022 midpoint and we have an impressive list of exciting mergers and acquisitions concluded during the past six months. The total value of these M&As is estimat... |
06.06.2022 | HP sees double-digit 3D printing revenue growth in H1 2022 as printed parts top 130 million | Multinational printing firm HP (HPQ) has announced that its revenue rose 3.9% in Q2 2022, thanks in part to the strong performance of its 3D printing division.
During the course of Q2 2022, HP generated $16.5 billion, some $600 million more... |
26.05.2022 | Ocado acquires Greek robotics startup Myrmex for €10M to accelerate automation in retail | Athens, Greece ~
UK tech company Ocado Group announced that it is acquiring Greek robotics start-up Myrmex in a deal worth €10.2M, as it looks to accelerate the development of intelligent asset handling systems for the Ocado Smart Platform.... |
23.05.2022 | British online supermarket Ocado acquires robotics tech startup Myrmex for $10.2 million | Ocado, a British online supermarket, announced Monday it has agreed to buy materials handling robotics tech startup Myrmex Inc for $10.2 million. In 2020, Ocado recently acquired a minority stake in Athens-based Myrmex.
Ocado said that the... |
01.03.2022 | HP revenue climbs 9% in Q1 2022 amid “significant year-over-year growth” in 3D printing income | Multinational printing firm HP (HPQ) has reported a 9% rise in revenue within its Q1 2022 financials, thanks in part to a growing demand for its 3D printing offering.
HP’s Q1 2022 results show that in the three months leading up to January ... |
21.12.2021 | Chat Commerce, machine learning and a stronger privacy focus -- eCommerce predictions for 2022 | One of the side effects of the pandemic over the last two years has been a boom in online shopping. But is this something that's here to stay? And what are we likely to see happening in the eCommerce field in 2022?
Here is what some of the ... |
20.08.2021 | In the shoes of an Ocado Technology Bootcamper: What should participants expect from the program? | Sofia, Bulgaria ~
Company:
Next month the Sofia development center of Ocado Technology will welcome the participants of its first Ocado Technology Bootcamp, powered by x8academy. The Bootcamp is an advanced intensive learning program that i... |
13.08.2021 | Ocado Technology launches its first Bootcamp in Sofia to boost the tech skills of 30 junior professionals | Sofia, Bulgaria ~
Company:
Cultivating talent is the best solution to the current situation of the tech labor market worldwide
How do you bridge the gap between a traditional field of study at university and a career in the field of bleedin... |
20.07.2021 | Роботы устроили аварию и пожар на складе крупного онлайн-ритейлера в Британии | Александра Кукуть 20 июля 2021, 10:27 Роботы устроили аварию и пожар на складе крупного онлайн-ритейлера в Британии
Людей заменяют роботами для повышения эффективности процессов в самых разных отраслях. Но и они могут дать сбой, как это про... |
18.07.2021 | Robot pile-up causes grocery delivery chaos for online shoppers | In line with futurists’ forecasts, robots are increasingly showing up in workplaces around the world due to their ability to operate faster and more efficiently than the humans they replace.
But a collision between three robots at a cutting... |
17.06.2021 | Deep reinforcement learning will transform manufacturing as we know it | Chris Nicholson Contributor
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Chris Nicholson is the founder and CEO of Pathmind, a company applying deep reinforcement learning to industrial operations and supply chains.
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UPDATED: Machine lear... |
05.05.2021 | World’s biggest meat firm pays $409m for plant-based protein maker | JBS, the world’s biggest meat processor, has agreed to acquire Netherlands plant-based protein brand Vivera in a deal worth €341 million ($409 million).
The Brazilian meat firm said the acquisition “strengthens and boosts” its position in t... |
23.04.2021 | New Relic : How Ocado Uses New Relic with Micrometer to Monitor a Complex Event Stream Processing Envi… | Guest author Anton Malinovskiy, principal software engineer at Ocado, discusses the architecture of Ocado's metrics and monitoring system, the role that New Relic One and Prometheus play in conjunction with Micrometer.
Ocado Group is a Brit... |
19.04.2021 | Major retailers look to ramp up fulfillment and delivery efforts | Kroger, Target, and Walmart each introduced new initiatives to enable more efficient fulfillment and faster delivery.
Here’s what you need to know:
Kroger unveiled its first customer fulfillment center (CFC) in partnership with retail techn... |
15.04.2021 | Oxbotica raises $13.8M from Ocado to build autonomous vehicle tech for the online grocer’s logistics network | Ocado, the UK online grocer that has been making strides reselling its technology to other grocery companies to help them build and run their own online ordering-and-delivery operations, is making an investment today into what it believes w... |
14.04.2021 | Kroger launches its first Ocado-powered ‘shed’, a massive, robot-filled fulfillment center in Ohio | After inking a deal to work together almost three years ago, U.S. supermarket chain Kroger and U.K. online grocer Ocado today took the wraps off the first major product of that deal. Kroger has launched a new Ocado-powered customer fulfillm... |
09.04.2021 | New Relic : How Ocado Uses New Relic with Micrometer to Monitor a Complex Event Stream Processing Environment | Guest author Anton Malinovskiy, principal software engineer at Ocado, discusses the architecture of Ocado's metrics and monitoring system, the role that New Relic One and Prometheus play in conjunction with Micrometer.
Ocado is a British on... |
08.04.2021 | Online grocer Kolonial raises €223m from SoftBank and Prosus to take on Europe — and rebrands as Oda | Norwegian online grocery startup Oda (formerly called Kolonial) has just raised €223m from SoftBank and Prosus at a €750m post-money valuation. That’s one of the biggest funding rounds ever for a Norwegian startup — but it’s not the only th... |
13.11.2020 | Ocado shops its way to a robotics platform for groceries and beyond | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today!
Grocery retailer Ocado is not well known outside ... |
13.11.2020 | Ocado shops its way to a robotics platform for groceries and beyond | Grocery retailer Ocado is not well known outside of the United Kingdom. Even in the U.K., Ocado commands a mere 1.8% market share. But in the 20 years since it launched as one of the country’s first online-only supermarkets, the brand has b... |
08.11.2020 | Неделя foodtech за 5 минут: Трехзначный рост выручки Uber Eats, растительные яйца, $700M в контейнеры для кухонь | Uber Eats показал значительный рост выручки в 3 квартале. Crackd анонсировал продажу 100% веганских яиц. Роботы-курьеры планируют проникать в здания и ездить на лифтах. Reef Technology получили $700 млн на контейнеры для темных кухонь. Обо ... |
03.11.2020 | Ocado spends $287m in retail robotics double-swoop | UK e-grocer and retail tech firm Ocado has bullishly revved up its quarterly profit forecasts and unveiled two acquisitions aimed at strengthening its showing in robotics.
The Hertfordshire company says it is buying San Francisco-based Kind... |
02.11.2020 | British online supermarket Ocado acquires two U.S. robotics startups Kindred System for $262 million and Haddington Dynamics for $25 million | Ocado, a British online supermarket, announced that it has acquired two U.S. robotics startups as it seeks to modernize its warehouses and “accelerate delivery, innovate more and grow faster.” In an announcement on Monday, Ocado said it has... |
20.07.2020 | From farm to phone: A paradigm shift in grocery | Sunny Dhillon Contributor
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Sunny Dhillon is an early-stage investor at Signia Ventures in San Francisco where he invests in retail tech, e-commerce infrastructure and logistics, alongside consumer and enterprise software sta... |
06.04.2020 | Startups And Product Companies In Southeastern Europe That Are Still Hiring – Part 1: Bulgaria | The coronavirus outbreak has made almost every business reconsider its human resources strategy. While some companies are facing layoffs and others have chosen to freeze any recruitment for the time being, third, especially in the tech sect... |
17.06.2017 | What will Amazon’s buying of Whole Foods mean for our smart fridges? | Amazon Friday announced that they have entered into a definitive merger agreement under which Amazon will acquire Whole Foods Market for $42 per share in an all-cash transaction valued at approximately $13.7 billion.
Amazon has ostensibly b... |
28.06.2016 | 55% of Ocado’s orders happened via mobile | Online supermarket Ocado has revealed more than half of its orders, 55 percent to be precise, were checked out on a mobile device. The online grocer also saw it profit rise and is currently talking with potential international retailers to ... |
22.09.2015 | Want your kids to learn another language? Teach them code | Among Malcolm Turnbull’s first words as the newly elected leader of the Liberal Party, and hence heading for the Prime Minister’s job, were: “The Australia of the future has to be a nation that is agile, that is innovative, that is creative... |
- | Product Companies In Bulgaria That Are Hiring | One month after the end of the coronavirus quarantine some companies even in the tech sector are facing layoffs, others have chosen to freeze any recruitment for the time being, but third continue looking for talent, maybe even more activel... |
- | Europe markets close lower despite Santander surge; Stoxx 600 gains 2% for the month | This is CNBC’s live blog covering European markets. |
- | Shopify cuts 20% of its workforce; shares surge on earnings beat | Shopify announced it’s cutting about 20% of its workforce.
The stock surged as it reported first-quarter results that surpassed Wall Street’s expectations.
The company is also selling its logistics and warehouse automation businesses. |
- | European markets close lower as ECB members talk rate cuts at Davos; Hugo Boss down 9% | This is CNBC’s live blog covering European markets. |
- | European stocks close higher as investors digest U.S. data; Ocado up 19% | This is CNBC’s live blog covering European markets. |
- | Driving the next wave of autonomous mobility, Wayve waves in $200 million | London-based startup Wayve has raised $200 million in a Series B funding round. Aiming to move the needle on autonomous driving, Wayve is using deep learning techniques to train and develop artificial intelligence capable of complex driving... |