Jia says Chinas tech giants Baidu, Ali Baba, Tencent have peaked — EPA.
CHINA’S new breed of web giants are starting to make a mark overseas. LeEco is paying US$2bil to buy US TV-maker Vizio, a company that sells its products in Costco and Wal-Mart stores.
Little known outside China, LeEco is part of a tech group led by Jia Yueting who is looking to take on Netflix, Apple and Tesla all at once.
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