Alibaba's Ele.me goes on 3 billion yuan summer spending spree to fight competition

Alibaba's Ele.me goes on 3 billion yuan summer spending spree to fight competitionChina’s Ele.me, the online food delivery company acquired by Alibaba Group Holding Ltd, will spend one billion yuan ($147.31 million) each month this summer on subsidies and marketing as competition in the sector reaches fever pitch. Ele.me will spend a total of 3 billion yuan over three months from July to September in an effort to lift its market share to more than 50 percent, Chief Executive Lei Wang told Reuters on Monday. Alibaba bought the remaining stake of Ele.me it did not already own in April in a deal that valued the startup at $9.5 billion yuan.


Source: Yahoo! News

More animals die after escaped jaguar goes on killing spree at New Orleans zoo

  1. More animals die after escaped jaguar goes on killing spree at New Orleans zoo  CBS News
  2. Jaguar escapes zoo and moves from one enclosure to next, killing trapped animals  The Mercury News
  3. The Audubon Zoo in New Orleans closed after jaguar escapes and kills six animals  NBCNews.com
  4. Jaguar escapes zoo habitat, moves from enclosure to enclosure, killing trapped animals  Washington Post
  5. Full coverage


Source: Google News

Man on Stabbing Spree Targeted Children at a 3-Year-Old's Birthday Party, Police Say

  1. Man on Stabbing Spree Targeted Children at a 3-Year-Old’s Birthday Party, Police Say  New York Times
  2. 9 injured in Idaho mass stabbing, including 6 children, at 3-year-old’s birthday party  Los Angeles Times
  3. Boise stabbing: Suspect targeted 3-year-old’s birthday party at Idaho apartment complex  NBCNews.com
  4. 9 hurt, 4 critically, as man stabs refugee families at Boise low-income apartments  Idaho Statesman
  5. Full coverage


Source: Google News

Armed civilian kills gunman, stops shooting spree at Walmart in Washington state

  1. Armed civilian kills gunman, stops shooting spree at Walmart in Washington state  Washington Post
  2. Carjacking suspect dead outside Walmart store after armed citizens take action, police say  Fox News
  3. Gunman wounds 2, is fatally shot by bystander at Walmart store  CBS News
  4. Armed man dead, 2 injured in shooting at Tumwater Walmart  The Olympian
  5. Full coverage


Source: Google News