China's LeEco secures US$2.2bil for expansion from new investors


  • TECH
  • Friday, 31 Mar 2017

FILE PHOTO: LeEco's new Le Pro3 phone is on display during a press event in San Francisco, California, U.S. October 19, 2016. RETUERS/Beck Diefenbach/File Photo

TAIPEI: Chinese tech conglomerate LeEco has successfully raised nearly US$2.2bil (RM9.74bil) from new investors including Tianjin Jiarui Huixin Corporate Management Company and property developer Sunac China Holdings, stock market filings on Thursday showed.

Sunac China controls Tianjin Jiarui Huixin, LeEco's Leshi Internet Information said in an earlier filing.

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