SEARCH RESULT

LeEco’s Listed Arm Extends Trading Halt for Restructuring Plan

Oct 12, 2017  /  News  / 
Leshi Internet Information & Technology Corp., the listed arm of embattled tech giant LeEco, extended its share-trading halt after a six-month suspension, citing uncertainties in a restructuring plan. Read More

LeEco’s Leshi Becomes ‘New Leshi’ to Distance Itself From Founder

Sep 28, 2017  /  News  / 
The proposed change is believed to be a sign of a complete severing of ties from founder Jia Yueting. Read More

How LeEco Fell From Glory

Sep 5, 2017  /  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

LeEco’s Listed Arm Spills Red Ink for First Time

Sep 1, 2017  /  News  / 
The woes of cash-strapped LeEco seem set to continue, as listed unit Leshi reported significant losses for the first half of the year. Read More

Court to Freeze Assets of LeEco Founder Jia Yueting

Aug 4, 2017  /  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

Headlines from China: How Yang Mi’s Jiaxing Media Is Affected by LeEco’s Cash Flow Crisis

Aug 3, 2017  /  Headlines From China  / 
LeEco still owes 414 million yuan in total to at least 24 film companies in China, among which is Jiaxing Media, owned by Chinese actress Yang Mi. Read More

Four Culture and Globalization Lessons from LeEco’s Successes and Failures

May 16, 2017  /  News  / 
In some of those areas, LeEco has made incomplete progress. In others, we failed entirely. What follows is my understanding of why we were not able to achieve our goals in this area as well as key takeaways that other Chinese companies can use in their globalization process. Read More

LeEco Seeks to Sell Property Assets as Cash Crunch Continues

Apr 21, 2017  /  Money  / 
LeEco is seeking to sell a prime piece of real estate in Beijing's Sanlitun entertainment district, the Shimao Gongsan, that it bought in 2016 for US$420 million, according to Reuters. Read More

LeEco Cash Crunch Eases With Share Transfer

Apr 1, 2017  /  Money  / 
With the completion the share transfer formalities, LeEco has sold 171 million shares, or 8.56 percent of the arm’s total equity, for RMB 6.04 billion. Read More

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

Jan 19, 2017  /  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

SUBSCRIBE TO OUR NEWSLETTER

Sign up for our newsletter right now to have breaking news and the best stories of China Film Insider delivered to you.

MOST POPULAR

LATEST ARTICLES

SUBSCRIBE TO OUR NEWSLETTER

Sign up for our newsletter right now to have breaking news and the best stories of China Film Insider delivered to you.