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Alibaba is spending billions of dollars to take control of one of China's biggest online food delivery services.China's biggest e-commerce company said Monday that it will buy all the outstanding shares it doesn't already hold in Ele.me, a startup whose Chinese name roughly translates to "Hungry?"Alibaba and one of its affiliates already own 43% of Ele.me, according to a company statement. The deal, which values Ele.me at .5 billion including debt, enables Alibaba to bring the startup deeper into its huge web of internet businesses that touch many areas of Chinese' consumers' lives.Tech companies are eager to cash in on China's growing online food delivery market, which is expected to grow 18% to 241 billion yuan ( billion) this year, according to research firm iiMedia.Tencent, China's biggest tech company by market value, has pumped billions of dollars into Meituan-Dianping, another leading delivery startup.Meituan-Dianping enables users to make lunch reservations, order food and buy movie tickets through a single mobile app. A funding round in October valued it at roughly billion, making it one of the most valuable startups in the world.China's largest ride-hailing company, Didi Chuxing, is also on the verge of launching food delivery services in China, according to local media reports.A similar trend is playing out in the United States. Amazon, the company with which Alibaba is most often compared, teamed up with online food delivery company Olo in September in an effort to expand its Amazon Restaurants service. It's a market where the likes of GrubHub and Uber Eats are already important players.For Alibaba, buying Ele.me is part of the e-commerce company's efforts to connect smartphone users with real-world services. Alibaba is already mixing online and offline shopping with its brick-and-mortar grocery store chain, Hema.Alibaba said it will combine Ele.me with its own restaurant review and local services platform Koubei, which means "Word of Mouth."Ele.me and Koubei have overlapping services. But after the takeover, Ele.me will focus on delivering food to people's homes, while Koubei will focus on getting people to buy goods and services online, and pick them up or consume them at physical stores or restaurants. 2273
ALPINE, Calif. (KGTV) - A Frost Advisory was issued for San Diego County Valleys, prompting three key preparations to protect your pets, pipes and plants.The advisory is in effect from 10 p.m. Saturday through 8 a.m. Sunday, in cities including Escondido, El Cajon, San Marcos, La Mesa, Santee, and Poway.Ways to protect your plants is wrapping them before sundown, to retain heat, and watering trunks of trees with warm water the next morning.Wrapping pipes in towels to retain heat keeps them from freezing. In areas that see a hard freeze, leaving the faucet dripping overnight is one way to keep the pipes from freezing.Always remember to bring pets indoors. If you have a community cat, they do need shelter. The Humane Society explains what you can do to help. 774
Actress Roseanne Barr threw Twitter off the rails late Friday after she tweeted her support of a right-wing conspiracy theory."President Trump has freed so many children held in bondage to pimps all over this world. Hundreds each month. He has broken up trafficking rings in high places everywhere. notice that. I disagree on some things, but give him benefit of doubt-4 now," she tweeted. 397
Amazon is pulling Washington Redskins merchandise from their online marketplace.The announcement comes after the team indicated it was reviewing a possible name change, and NFL Commissioner Roger Goodell said the league was supportive of the review.According to a notice distributed to sellers on Amazon, and first published by CNBC, the company said they are removing all products with the Redskins logo and name, and gave sellers just a few days to remove items.Washington State Attorney General sent a letter to Amazon asking for the team products to be removed. Amazon is based in Seattle. 602
Airbnb has updated some of its COVID-19 protocols, requiring everyone to wear a mask and social distance when interacting with each other, as well as introducing a five-step cleaning process for hosts to follow amid the coronavirus pandemic.The online rental company also stated in its announcement that by Nov. 20, hosts must comply with their five-step cleaning process or risk having their accounts suspended or removed from the site.The company's cleaning program, which was developed alongside fellow health and hospitality experts, consists of hosts preparing themselves and their team to clean effectively, sweeping and dusting before sanitizing, spraying high-touch surfaces (door handles, light switches) with approved disinfectant spray, referring to its room-by-room checklist to make sure everything is cleaned correctly, and resetting the room.Once a host commits to the five-step cleaning process, Airbnb says their listings will have a highlight spotlighting their commitment to clean.To stop the spread of COVID-19, Airbnb only allows a maximum of 10 guests per stay, washing your hands with soap and water for 20 seconds, and wearing protective equipment at all times.Airbnb has a list of protocols for cleaning on specific rooms in your house for guests, which can be found here. 1305