IKEA Acquires Locus Robotics: Boosting US Online Growth

Retail Systems: Ikea-owner buys AI-powered logistics software firm to transform home delivery

Retail Systems reports: Ingka Investments, the investment arm of Ikea-owner Ingka Group, has acquired US-based logistics technology company Locus. The software company offers a sophisticated AI-powered logistics management platform, featuring advanced route optimisation, real-time tracking, as well as the smart use of vehicles and resources. Ingka Investments said the purchase will strengthen Ikea’s digital capabilities, helping it to “transform…

Ikea Acquires Us Tech Firm Locus To Reinforce Delivery Services And Optimize Online Shopping Experience

read the original version on: www.retailnews.asia Swedish furniture giant Ikea has announced the acquisition of US-based logistics technology company, Locus. This strategic move is aimed at enhancing Ikea’s delivery services and facilitating a faster and more streamlined online shopping experience. The Strategic Acquisition The acquisition is part of a broader $2.2 billion strategic investment by the Ingka Group, the world’s largest […] The post…

Ingka Group acquires AI-powered logistics software company

Ingka Investments, the investment arm of Ingka Group, the largest IKEA retailer, has announced the acquisition of Locus, a leading logistics technology company based in the USA.  This strategic investment strengthens IKEA digital capabilities, giving the retailer greater control over a critical moment in the customer journey.   Locus offers a sophisticated AI-powered logistics management platform, featuring advanced route optimisation, real-time…

Ikea buys AI logistics company to improve home-delivery service

Ikea has acquired US logistics technology firm Locus, the two companies said on Tuesday, a deal the Swedish furniture retailer said would make its deliveries to shoppers smoother and faster as it invests to expand online sales.

Ingka Group acquires Locus to boost IKEA’s digital logistics edge - Cargo Insights

Ingka Group, IKEA’s parent retailer, acquires AI logistics firm Locus to enhance global home delivery efficiency. Ingka Investments, the investment arm of Ingka Group, has acquired Locus, a leading AI-powered logistics software company, to strengthen IKEA’s digital fulfilment capabilities and transform its home delivery experience. Headquartered in the U.S. with major operations in India, Locus provides an advanced AI logistics management platfo…