(L-R) English Premier League Chief Executive Richard Scudamore; CEO of Le Sports Lei Zhenjian; Danish retired goalkeeper Peter Schmeichel; and CEO of Le Sports in Hong Kong Cheng Yizhong, attend Letv Sports press conference announcement of their broadcast rights of English Premier League at the Crowne Plaza Hong Kong Kowloon East in Tseung Kwan O. Photo: K.Y. Cheng
(L-R) English Premier League Chief Executive Richard Scudamore; CEO of Le Sports Lei Zhenjian; Danish retired goalkeeper Peter Schmeichel; and CEO of Le Sports in Hong Kong Cheng Yizhong, attend Letv Sports press conference announcement of their broadcast rights of English Premier League at the Crowne Plaza Hong Kong Kowloon East in Tseung Kwan O. Photo: K.Y. Cheng
Uber

LeTV’s latest Beijing investment could signal harder times for Uber

LeTV’s announcement of a strategic investment in Yidao Yongche comes as Beijing weighs up legislation that could be negative for Uber’s business model

(L-R) English Premier League Chief Executive Richard Scudamore; CEO of Le Sports Lei Zhenjian; Danish retired goalkeeper Peter Schmeichel; and CEO of Le Sports in Hong Kong Cheng Yizhong, attend Letv Sports press conference announcement of their broadcast rights of English Premier League at the Crowne Plaza Hong Kong Kowloon East in Tseung Kwan O. Photo: K.Y. Cheng
(L-R) English Premier League Chief Executive Richard Scudamore; CEO of Le Sports Lei Zhenjian; Danish retired goalkeeper Peter Schmeichel; and CEO of Le Sports in Hong Kong Cheng Yizhong, attend Letv Sports press conference announcement of their broadcast rights of English Premier League at the Crowne Plaza Hong Kong Kowloon East in Tseung Kwan O. Photo: K.Y. Cheng
READ FULL ARTICLE