leeco

LeEco: China's tech Icarus helps restructure listed unit's debt

The company that once aspired to be China's Netflix agrees a deal on debt with Shenzhen listed Leshi. But Leshi, toiling under a $1 billion debt mountain, is not out of the woods.

August 22, 2018

Why Sun Hongbin took a shine to LeEco

The Chinese property tycoon's bold investment in a sprawling, troubled technology play raised eyebrows. Investors are nervous, but there are grounds for optimism, too.

April 07, 2017

PCCW takes on Netflix, pirates in battle for profits

CEO Janice Lee talks about battling cable cutters and pirates while turbo-charging a regional rollout of hot new media technology OTT via M&A. Local rival TVB meanwhile gives up.

January 11, 2017

Chinese companies seek Putin's assurances

Fosun and LeEco executives ask the Russian president for clarity on business relationships at VTB Capital's investment forum in Moscow.

October 13, 2016

LeEco buys US TV maker Vizio for $2 billion

The takeover not only marks one of the largest acquisitions in the television industry but is also the latest foray of LeEco’s chairman Jia Yueting into the US market.

July 26, 2016

China's LeEco bets on a connected future

Co-founder and vice-chairman Liu Hong on the fast-growing firm’s global ambition to build an integrated media and telecommunications ecosystem.

May 10, 2016

LeEco unit Leshi to buy Le Vision Pictures

The $1.5 billion cash-and-share deal is part of LeEco's plan for a fully-connected ecosystem of content and formally ends any prospect of a separate Le Vision Pictures IPO.

May 09, 2016

Le Sports valued at $3.3b after white-hot raise

LeEco's sports arm exceeds expectations with its Rmb8 billion ($1.23 billion) Series-B round of funding, more than septupling its valuation in just 10 months.

March 27, 2016