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flag Ocado, a UK online grocer, reported revenue growth but narrower losses, facing share price drop and job cuts.

flag UK online grocer Ocado reported narrower losses and a 14.1% rise in revenues to £3.2 billion for 2024. flag Despite revenue growth, the company's shares fell due to concerns over slower expansion and reduced R&D investment. flag Ocado is in talks with partner Marks & Spencer over a £190.7 million payment due in April and plans to cut jobs to become cash flow positive by 2026.

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