UK supermarket group Tesco has announced that is has achieved annual on-line grocery sales of over £500m (US$931m).


Tesco said it is the world’s largest online grocer, covering 96% of the UK and delivering over 110,000 orders a week.


The company said industry statistics show Tesco.com now receives more visitors to its site than the combined traffic of its on-line grocery competitors.


“The fact that we achieved as many sales this December (2003) as we did in the whole of 1998 shows Tesco.com is still growing at a phenomenal rate,” said chief executive Laura Wade-Gery.