IKEA to acquire a minority stake in Optoro.

IKEA, is set to acquire a minority stake in US tech startup Optoro, whose software helps retailers manage returns in a more efficient way. Financial terms were not disclosed. "We're on a mission to become a circular business by 2030, and we need partners like Optoro who can help us achieve our goals. Optoro's solution will enable us to eliminate much of the waste created in the reverse supply chain, from minimizing the carbon emissions released in return shipping to finding the best next homes for returned items," Javier Quiñones, IKEA Retail US President & Chief Sustainability Officer.