In the fiscal year ending in December 2023, the Ocado Group generated 81.6 million British pounds selling its advertising services. The services include selling Ocado's online store ad spaces to suppliers and other third parties. The income stayed nearly flat compared to the value reported in the 2022 fiscal year.
In the United Kingdom, as in the rest of the world, lockdowns and stay-home advisories during the COVID-19 pandemic made online grocery shopping popular among shoppers. In 2021, the value of online food and grocery sales in the UK amounted to over 25 billion British pounds. By 2025, the figure is expected to increase to almost 30 billion. In April 2023, the most popular grocery website in the UK based on desktop traffic share was Tesco's website. Tesco's visit share was nearly 19 percent. ASDA’s website ranked second with a 13 percent share.
Media income of the Ocado Group in fiscal years 2022 and 2023
(in million GBP)
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Ocado. (March 3, 2024). Media income of the Ocado Group in fiscal years 2022 and 2023 (in million GBP) [Graph]. In Statista. Retrieved January 08, 2025, from https://www.statista.com/statistics/1206700/ocado-media-income/
Ocado. "Media income of the Ocado Group in fiscal years 2022 and 2023 (in million GBP)." Chart. March 3, 2024. Statista. Accessed January 08, 2025. https://www.statista.com/statistics/1206700/ocado-media-income/
Ocado. (2024). Media income of the Ocado Group in fiscal years 2022 and 2023 (in million GBP). Statista. Statista Inc.. Accessed: January 08, 2025. https://www.statista.com/statistics/1206700/ocado-media-income/
Ocado. "Media Income of The Ocado Group in Fiscal Years 2022 and 2023 (in Million Gbp)." Statista, Statista Inc., 3 Mar 2024, https://www.statista.com/statistics/1206700/ocado-media-income/
Ocado, Media income of the Ocado Group in fiscal years 2022 and 2023 (in million GBP) Statista, https://www.statista.com/statistics/1206700/ocado-media-income/ (last visited January 08, 2025)
Media income of the Ocado Group in fiscal years 2022 and 2023 (in million GBP) [Graph], Ocado, March 3, 2024. [Online]. Available: https://www.statista.com/statistics/1206700/ocado-media-income/
