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Leshi seeking stakes in Jia's car ventures
Leshi Internet Information& Technology Corp told that it is seeking to acquire equity stakes in the car businesses of its largest shareholder, Jia Yueting, to ensure the units repay the outstanding debt they owe it.
January24,2018
LeEco's listed arm set to resume trading
Leshi Internet Information& Technology Corp is expected to resume trading this week, but experts say its stock price will inevitably plummet and its profitability remains worrisome.
January23,2018
LeEco’s founder defies order to return to China
Jia Yueting, the founder of debt-laden internet company LeEco, had defied orders from Chinese securities regulator to return to the country before the end of 2017
January03,2018
LeEco founder Jia ordered to return
China's securities regulator has ordered the founder of debt-laden internet company LeEco to return to the country before the end of the year to deal with the company's financial woes.
December27,2017
Chinese tech giant LeEco ditches acquisition of US TV maker Vizio
Chinese technology conglomerate LeEco has abandoned its 2 billion U.S. dollars scheduled acquisition of US television maker Vizio Inc, and is instead exploring other ways to incorporate LeEco's content into Vizio's devices.
April12,2017
LeEco talks 'to give up' soccer rights
Chinese internet major LeEco is reportedly in talks to give up the exclusive online broadcasting rights to the country's top soccer competition, as the cash-starved company continues work on recovering its financial position.
February17,2017
Internet company LeEco starts construction of car plant in Zhejiang
Chinese internet company LeEco launched construction of its car plant in Zhejiang province on Wednesday.
December28,2016
LeEco optimistic about stock downturn
Global technology company LeEco has lashed out at critics, declaring the company can recover from a cash flow crunch.
December13,2016
China's LeEco expands business in U.S. market
Chinese technology company LeEco has enriched its relatively sparse content lineup in the United States by partnering with AT&T and making video stream service available on its smartphones and TVs starting Tuesday.
November30,2016
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