Ocado's rocky road to public listing

Ocado

Ocado's route to IPO has been a shaky one, with many concerned that its valuation has been over-ambitious, given it has yet to make a profit. All eyes are now on the online grocer to see if it can deliver on its plans.

Analysis: Raining on Ocado's parade

22 July 2010

Ocado finally got its IPO away yesterday (21 July), although the market appeared sceptical about the plans CEO Tim Steiner and his team have for the UK online retailer.

Update 2: UK: Ocado share slump "no surprise" - analysts

21 July 2010

Ocado today (21 July) faced renewed criticism from parts of the investment community that its IPO had been overvalued despite the UK online retailer cutting the offer price for its shares.

Update: UK: Bullish Ocado CEO looks to future after IPO

21 July 2010

Ocado CEO Tim Steiner insisted today (21 July) that investors are buying into the much-criticised online retailer's future, not its past, as the UK group made its debut on the London stock exchange.

UK: Ocado shares slide as retailer takes bow on LSE

21 July 2010

Shares in UK online retailer Ocado slumped this morning (21 July) despite the company cutting the offer price to entice investors.

UK: Ocado lowers IPO price range

20 July 2010

Ocado as lowered the anticipated price range for its IPO to between 180p to 200p per share.

UK: Ocado reveals customer share response

19 July 2010

Only "several thousand" eligible Ocado customers have reportedly invested in the UK online grocer's shares ahead of its planned stock market flotation.

UK: Ocado slams claims of funding fears

12 July 2010

Ocado has hit out against claims that the UK online grocery retailer needs float to stay in business.

COMMENT: Will Amazon's grocery offer stack up against Ocado?

7 July 2010

Today Amazon.co.uk launched its online grocery store, taking on UK retailers like Tesco, Ocado and Sainsbury's.

UPDATE: UK: Ocado valuation “ambitious” – analyst

6 July 2010

Ocado’s valuation of more than GBP1bn (US$1.52bn) for its flotation on the London Stock Exchange later this month is “pretty ambitious”, according to a leading retail analyst.

UK: Ocado seeking GBP1bn valuation

6 July 2010

UK online retailer Ocado said it is aiming for a valuation of more than GBP1bn (US$1.52bn) when it floats on the London Stock Exchange this month.

UK: Ocado "to not make profit before 2014" - adviser

2 July 2010

Online grocer Ocado "will not be in profit until 2014" one of the advisers on the UK firm's IPO has said.

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Ocado's rocky road to public listing

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