Bloomberg One of Ocado Group Plc’s largest UK warehouses is expected to be completely destroyed by a fire, constraining the online grocer’s ability to meet customer demand and cutting sales growth. The blaze hit the 45-million pound ($58 million) automated facility in Andover, England, that manages as many as 70,000 orders a week. Although under control, it caused a collapsed …

Bloomberg Airbnb Inc isn’t building an airline. It’s not going to start a generic flight booking platform. In fact, years after promising to get into the aviation business, Airbnb still hasn’t “settled on exactly” what it’s doing in air travel, Chief Executive Officer Brian Chesky said in a statement. But the startup is hiring a former top airline executive to …

Bloomberg African online retailer Jumia is planning an initial public offering in New York this year that could value the business at about $1.5 billion, according to people familiar with the matter. Jumia’s largest shareholder MTN Group Ltd. is planning to raise as much as $600 million from selling its shares through the IPO, said one of the people, who …