British food delivery service Ocado would be the perfect fit for Amazon as its seeks to extend its reach into the grocery business, a leading analyst has said.
Cantor Fitzgerald technology analyst Youssef Squali said a purchase or joint venture could help Amazon in its new plan to introduce a delivery service into parts of the US and possibly Europe.
His comments come amid a surge in the Ocado share price and rumours that others, including Carrefour and Boots, may be eyeing up a deal or partnership with the firm.
No comments:
Post a Comment