VIDEO: LeEco Gets Lifelines from Creditor, Currency Controls
Bottom line: LeEco's debt-for-equity deal with Compal and the looming collapse of its Vizio purchase are welcome developments that show it could quietly jettison some of its newer businesses and eventually emerge from its current cash crunch.
- Picture dims on LeEco's Vizio purchase
The unwinding of former online video superstar LeEco (Shenzhen: 300104) continues to unfold, ...