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LeEco

LeEco founder defies China return order, stays in US for car fundraising

LeEco founder defies China return order, stays in US for car fundraising

Tue, Jan 02, 2018

The founder of debt-laden tech conglomerate LeEco has defied orders from Chinese regulators to return to the country before end-2017, saying he needed to stay in the United States as a fundraising for his electric car startup was making progress.

LeEco boss asks for time, pledges to pay back debts

LeEco boss asks for time, pledges to pay back debts

Thu, Jul 06, 2017

Concerns about Jia`s position at LeEco were raised after Chinese newspapers reported this week that he was no longer LeEco`s legal representative. Additionally, earlier this week $182 million of assets owned by Jia or the firm were frozen by a court in Shanghai.

China's LeEco to slash US jobs amid global pull-back

China's LeEco to slash US jobs amid global pull-back

Tue, May 23, 2017

China`s embattled LeEco aims to cut its US workforce to as few as 60 people from around 500 earlier this year, as the Netflix-to-Tesla-like group streamlines global operations to shake off a cash crunch, a person with knowledge of the plan said.

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Baidu to launch self-driving car technology in July

Baidu to launch self-driving car technology in July

Wed, Apr 19, 2017

It will gradually introduce fully autonomous driving capabilities on highways and open city roads by 2020

LeEco will not exit Indian market, to launch new products in 2017

LeEco will not exit Indian market, to launch new products in 2017

Sun, Mar 19, 2017

LeEco has priced its Super4 X40, Super4 X43 Pro and Super4 X50 series at Rs 46,990, Rs 63,990 and Rs 86,990 respectively.

China's LeEco to sell 43-acre US Silicon Valley site amid cash crunch: Sources

China's LeEco to sell 43-acre US Silicon Valley site amid cash crunch: Sources

Fri, Mar 17, 2017

LeEco is looking to sell a 49-acre US Silicon Valley property less than a year after buying it from Yahoo Inc, sources said.

China's technology firm LeEco fires 85% employees of Indian unit; may exit from India in next few months

China's technology firm LeEco fires 85% employees of Indian unit; may exit from India in next few months

Fri, Mar 03, 2017

China's technology company LeEco is reported to have fired 85% of its staff in India and may exit from its operations in the country in next few months.

Here are Xiaomi, LeEco, Apple, Samsung, Motorola special Valentine's Day sales

Here are Xiaomi, LeEco, Apple, Samsung, Motorola special Valentine's Day sales

Tue, Feb 14, 2017

From smartphones to air purifiers and LED TVs these tech companies have some special discounts for people on Valentine's Day.

LeEco secures over $2 billion investment from Sunac

LeEco secures over $2 billion investment from Sunac

Sat, Jan 14, 2017

"The company believes that the investment will bring a better return on capital for the company and will have greater room for cooperation with Leshi in the field of industrial real estate, and will also bring continued benefits to the further growth of the company`s property business," South China Morning Post quoted Sunac Chairman Sun Hongbin, as saying.

LeEco to launch Super4 X Series ecoTVs in India

LeEco to launch Super4 X Series ecoTVs in India

Thu, Jan 05, 2017

The Super4 X Series ecoTVs is expected to have a high performing processor which will likely enhance the 4K experience for users.

China tech giant LeEco in talks on $1.4 billion support, starts e-car plant

China tech giant LeEco in talks on $1.4 billion support, starts e-car plant

Thu, Dec 29, 2016

Cash-strapped Chinese technology conglomerate LeEco is in talks on securing a 10 billion yuan ($1.4 billion) deal with an unnamed strategic investor, its listed unit said.

11 months since it entry, China's LeEco severely downsizes its India plans

11 months since it entry, China's LeEco severely downsizes its India plans

Wed, Dec 21, 2016

The company will layoff its employees in India in the face of uncertainty that is forecast for the global economy in the coming year.

Can Amazon Prime Video's entry into India lead to price war?

Can Amazon Prime Video's entry into India lead to price war?

Fri, Dec 16, 2016

The price at which Amazon Prime Video has made its entry makes it one of the cheapest offerings in the VOD market in terms of subscription.

LeEco's partners with Snapdeal for Le 2 sales

LeEco's partners with Snapdeal for Le 2 sales

Wed, Dec 14, 2016

The company has now partnered with Snapdeal for the sales of its Le 2 smartphone from December 15.

LeEco touches Rs 350 crore during festive sales

LeEco touches Rs 350 crore during festive sales

Sat, Nov 05, 2016

"During the festive season, it was our endeavour to offer a great value proposition to our customers which will enable them in experiencing our products and we are truly humbled by the response that we have received," said Atul Jain, COO, Smart Electronics Business, LeEco India, in a statement.

These are the highest selling smartphones this Diwali

These are the highest selling smartphones this Diwali

Fri, Oct 21, 2016

In the sub Rs 5,000 category, Micromax's Canvas and Canvas Spark are the most preferred choices, followed by the Lenovo A1000, Intex Cloud Breeze and YU Yunique.

LeEco partners with three digital marketing firms in India

LeEco partners with three digital marketing firms in India

Wed, Aug 17, 2016

LeEco also announced today that it is setting aside 50% of the company’s share for its employees.

Tesla watch out, LeEco enters electric car market with $1.8 billion investment

Tesla watch out, LeEco enters electric car market with $1.8 billion investment

Wed, Aug 10, 2016

The company said in a statement its first China factory would be built in two phases in Deqing county near the eastern Chinese city of Hangzhou.

LeEco India R&D centre to recruit over 1,100 engineers

LeEco India R&D centre to recruit over 1,100 engineers

Wed, Aug 10, 2016

Chinese internet and technology conglomerate LeEco on Tuesday announced that it is planning to hire over 1,100 engineers for its India Research and Development (R&D) centre by 2017.

LeEco launches content integrated Super3 series of TVs in India

LeEco launches content integrated Super3 series of TVs in India

Thu, Aug 04, 2016

Following the $2 billion acquisition of leading US TV maker VIZIO on July 26, LeEco is now making another significant move to expand its globally successful TV business.

'Market content to sell phones' is the new mantra of smartphone makers

'Market content to sell phones' is the new mantra of smartphone makers

Wed, Jul 13, 2016

Companies are now making smartphones only to push their exclusive content. Data, as they say, is the king.

LeEco launches 'Le 1s' at introductory price Rs 9,999

LeEco launches 'Le 1s' at introductory price Rs 9,999

Wed, May 04, 2016

The Le 1s Eco is the first 'Made for India' superphone by the company

Single-brand Retail: DIPP seeks more information from China's Xiaomi

Fri, Apr 29, 2016

The information is important as Xiaomi has sought complete exemption from the mandatory 30% local sourcing norms.

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