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Tuesday, July 24, 2018

Reuters: Technology News 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 competition

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China'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.


from Reuters: Technology News https://ift.tt/2JQ6zQF
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