Ocado overtakes Tesco as UK's most valuable retailer
Delivery-based supermarket’s value rises to £21.66bn despite selling 1.7% of UK’s groceriesOcado has overtaken Tesco to become the UK’s most valuable retailer after its stock market value soared to £21.66bn.Tesco is worth £21.06bn despite controlling nearly 27% of the UK grocery market. By comparison Ocado, which is already worth more than double the combined value of Sainsbury’s and Morrisons, sells just 1.7% of the UK’s groceries. Continue readin
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