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LeEco to receive investment from China-based Sunac for CNY15 billion

Max Wang, Taipei; Joseph Tsai, DIGITIMES Asia Tuesday 17 January 2017 0

LeEco has recently signed contracts with Sunac China Holdings for the latter to invest a total of CNY15 billion (US$2.17 billion) in the former to acquire a 8.61% stake in LeTV, a 15% stake in Le Vision Pictures and a 33.5% stake in a LeTV-related subsidiary...

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