Stockholm, Oct. 7 -- Ingka Investments, the investment arm of Ingka Group, the largest IKEA retailer, on Tuesday announced the acquisition of Locus, an AI-powered logistics technology company.

The move aims to enhance IKEA's home delivery experience and strengthen its digital logistics infrastructure worldwide.

Locus, headquartered in the US and primarily operating from India, provides advanced logistics management solutions using artificial intelligence. Its platform offers route optimisation, real-time tracking, and intelligent resource allocation to streamline supply chain operations.

The acquisition will help IKEA gain greater control over the fulfilment process, especially in last-mile delivery, and improve overall customer experi...