Tag Archives: Sunac

LeEco Gets Fresh $2.18 Billion Investment From Property Developer Sunac

Chinese technology conglomerate LeEco has secured a new round of investment worth CNY 15.04 billion ($2.2 billion or roughly Rs. 14,856 crores) from property developer Sunac China Holdings, according to a stock exchange statement made by Sunac on Friday. Last year LeEco’s founder and chairman Jia Yueting said that his company was facing financial obstacles due to the rapid pace ... Read More »