LeEco’s Le Pro3 phone on display at a press event in San Francisco, California, in 2016. Photo: Reuters LeEco’s Le Pro3 phone on display at a press event in San Francisco, California, in 2016. Photo: Reuters
LeEco’s Le Pro3 phone on display at a press event in San Francisco, California, in 2016. Photo: Reuters
Business /  Companies

Video streaming provider Leshi, once touted as a Chinese tech titan, edges closer to delisting after reporting huge losses for third straight year

  • The company founded by embattled entrepreneur Jia Yueting said its loss for last year widened to 11.3 billion yuan (US$1.6 billion) from 4.1 billion yuan in 2018
  • The ‘sorry saga’ is a stark reminder that China is a long way from producing the next Apple or Microsoft, says He Yan of Shanghai Shiva Investment

Topic |   LeEco
Daniel Ren
Daniel Ren in Shanghai

Updated: 8:50pm, 27 Feb, 2020

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LeEco’s Le Pro3 phone on display at a press event in San Francisco, California, in 2016. Photo: Reuters LeEco’s Le Pro3 phone on display at a press event in San Francisco, California, in 2016. Photo: Reuters
LeEco’s Le Pro3 phone on display at a press event in San Francisco, California, in 2016. Photo: Reuters
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