Ocado posts results, doubles down on M&S range The online supermarket has reported a 10.8% revenue rise to £429.1m, in line with company guidance but down from third quarter growth of 11.4%. The company has also announced plans to ramp up its M&S offering. Read more.

CMA questions Amazon’s Deliveroo investment The competition watchdog has said that Amazon's plan to take a minority stake in Deliveroo raises 'significant competition concerns', and will likely lead to an in-depth investigation into the deal. Read more.

Walmart trials autonomous delivery in the US The leading grocery retailer has partnered with the self-driving startup Nuro to deliver groceries to a select group of Houston shoppers. The trial will use Nuro’s R2 robot in a bid to test the efficiency of autonomous delivery. Read more.

VSCO acquires Rylo in content sharing partnership The photo sharing app popular with Instagram users has acquired video editing startup Rylo for an undisclosed sum. Rylo hit headlines in October 2018 when it raised $20m in Series B funding backed by Sequoia Capital and Icon Ventures. Read more.

Mercari launches new luxury resale technology The recommerce site's new technology will allow it to compete with resale giants like TheRealReal and Rebag. The new tool, dubbed 'Mercari Authenticate', provides professional authentication on designer handbags. Read more.

Airbnb invests in corporate housing leader Zeus Zeus, which provides relocated workers with medium-term accommodation options, currently operates over 2,000 properties and has an annual turnover of $100m. Airbnb has taken a stake in the business and will list its properties on its site. Read more.