Chinese tech giant LeEco has cancelled its planned $2bn acquisition of US smart TV manufacturer Vizio citing “regulatory headwinds”.
Tag: LeEco
LeEco closes $2.2bn in funding; acquires Le Young Pictures
Recently cash-strapped tech giant LeEco has managed to secure a $2.2bn cash injection, some of which it will use to acquire a stake in Le Young Pictures.
China’s LeEco denies India exit despite downsizing
China’s LeEco has refuted Indian press reports that it will leave the India market after firing 85% of its local workforce.
LeEco acquires Adam Goodman’s Dichotomy
China’s LeEco has acquired Dichotomy Creative Group, founded by former Paramount Pictures executive Adam Goodman.
LeEco to collaborate with Netflix on content
Chinese tech giant LeEco is in talks with Netflix about a content collaboration, according to co-founder and vice chairman Liu Hong.
What’s behind this week’s big acquisitions?
The relentless pursuit of scale in users bases, data and digital advertising was the driving force in the Verizon, Wanda and LeEco acquisitions that made headlines this week.
LeEco launches streaming services in India
Chinese tech company LeEco is launching a streaming service, LeEco Membership, packaged with its smartphones for the Indian market.
China’s LeEco launches smartphones in India
Chinese tech company LeEco has started rolling out its devices in India to cash in on the country’s fast-growing smartphone market.