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City AM reports that "Tesco has launched a one-hour grocery delivery service to customers in central London ... The service is priced at £7.99 with no minimum spend on each order ... Customers can order up to 20 items from a range of 1,000 products – including fresh fruit and vegetables, meat, dairy, and baby and beauty products – via the Tesco Now app ... Orders will be sourced through a local store and delivered to customers via moped within 60 minutes. However, the service will be available in only some central London postcodes from 8am until 11pm on weekdays and 9am until 11pm at weekends."
KC's View:
The deal is that Tesco wants to compete more effectively with Amazon. Period. End of story.