How LeEco Fell From Glory

 /  News  / 
Once a market darling, China’s tech giant LeEco has now become a headache for investors and creditors as years of reckless expansion led the company into a debt impasse. Read More

Court to Freeze Assets of LeEco Founder Jia Yueting

 /  News  / 
A Beijing court has approved the application of China Construction Bank to freeze the assets of LeTV Holdings and LeEco founder Jia Yueting. Read More

TCB in RMB: Wanda Reports Half-Year Income Jump

 /  Money  / 
Dalian Wanda Group, China’s property, and entertainment giant, reported overall revenue of RMB 134.9 billion (US$19.8 billion) for the first six months of 2017, an increase of 12.4 percent year-on-year. Read More

VP of TV Unit Takes over as CEO of Leshi, YT Jia to Remain Chairman

 /  News  / 
Jia Yueting, the legendary Chinese corporate leader, will step down as CEO of Leshi Internet Information & Technology Corp Beijing. Read More

Is US$2.4 Billion Enough to Redeem Cash-Strapped LeEco?

 /  News  / 
China real estate titan Sunac China Holdings Ltd. will become LeEco's second-largest shareholder after leading RMB 16.8 billion (US$2.4 billion) in fresh funding. Read More

LeEco Raises Funding, Reshuffles Management Amid Cash Crunch

 /  News  / 
China’s internet giant LeEco announced Tuesday that the company has secured US$600 million of funding from a dozen of local investors. Read More

LeEco Attempts to Establish Its Ecosystem in the US

 /  News  / 
On October 19, LeEco made its official debut into the US market. LeEco will begin selling their smartphones and smart TVs from November 2. Read More