Ocado’s market value tops £20bn for the first time, just £1bn less than Tesco

Ocado’s market capitalisation topped £20 billion this week as its share price continued to rally to record levels.
Thursday afternoon saw Ocado’s share price rise to a record high of 2756p per share on Friday morning, seeing its market capitalisation surpass £20 billion for the first time.
Its £20.2 billion value is now just below Tesco’s £21.3 billion and nearly five times Sainsbury’s market capitalisation of £4.36 billion.
The sharp rise co