U.S grocer Kroger signs deal to use Ocado’s home delivery tech

LONDON (Reuters) – British online supermarket Ocado (OCDO.L) said U.S. retailer Kroger (KR.N) had agreed an exclusive deal to use its technology for grocery deliveries.

FILE PHOTO: A logo of Kroger is displayed on a monitor above the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., December 5, 2017. REUTERS/Lucas Jackson

The U.S. company will take a 5 percent stake in Ocado as part of the deal, Ocado said on Thursday.

Reporting by Paul Sandle; editing by Costas Pitas

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