Tag Archives: Ingka Investments acquires U.S.-based logistics technology firm Locus to enhance IKEA’s global delivery capabilities

Ingka Group boosts e-commerce growth with AI-driven logistics acquisition of Locus

(IN BRIEF) Ingka Investments, the investment arm of Ingka Group — IKEA’s largest retail operator — has acquired U.S.-based logistics technology company Locus to strengthen IKEA’s digital and fulfilment capabilities. Locus’s AI-driven logistics platform optimizes delivery routes, resource allocation, and … Read the full press release