Ocado's shares have tumbled after its Canadian partner, Sobeys, paused the opening of a planned automated warehouse in Vancouver. The decision has led to Ocado hitting a six-year low in its share price. Sobeys has also ended its exclusive tie-up with Ocado, further impacting the British online grocer's market position. The halted project was a robotic warehouse build.
🇬🇧 Ocado hits six-year low after Canadian partner delays robo-warehouse https://t.co/r4mKX0f8hO
🇬🇧 Ocado shares plunge after Canadian grocer halts robotic warehouse build https://t.co/cCytm0vCr7
🇬🇧 Ocado shares tumble on setback to Sobeys tie-up in Canada https://t.co/LVaSfDJ8Xh
🇬🇧 Ocado partner Sobeys halts Vancouver warehouse launch and ends exclusive tie-up https://t.co/hK8xUF5iL2
🇬🇧 Ocado slides after Canadian partner halts warehouse opening https://t.co/6WJvIWBf6h
Ocado shares plunge after Canadian grocer halts robotic warehouse build https://t.co/Z7jQqLcpHa
Ocado shares tumbled after its Canadian partner temporarily halted the planned launch of an automated warehouse in Vancouver https://t.co/wZ1daC2g0O
Ocado's Canadian partner Sobeys pauses opening of Vancouver warehouse https://t.co/VjvTz7efL2 https://t.co/J5vsxWbREP