Too aggressive?: LeEco has been expanding in a range of businesses including online entertainment, electric and driverless cars and smartphones.
SHANGHAI: Cash-strapped Chinese technology conglomerate LeEco is in talks on securing a 10bil yuan (RM6.2bil) deal with an unnamed strategic investor, its listed unit said.
Leshi Internet Information and Technology said in a filing to the stock exchange that its parent company had signed a framework agreement with the investor and the two sides were still discussing the final details.
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