LeTV—which has recently changed its name to New Leshi as a symbolic new beginning—did not manage to shake off the numbers that came with its former name. Read More
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
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
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
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
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